Note 6 - Investment In and Advances to Real Estate Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Equity Method Investments [Table Text Block]

	Noncontrolling			The Company's Investment
	Ownership Interest			December 31,
Joint Venture	December 31, 2023			2023		2022
Prudential Investment Program		15.0	%	$	138.7	$	153.6
Kimco Income Opportunity Portfolio (“KIR”) (1)		52.1	%		286.3		281.5
Canada Pension Plan Investment Board (“CPP”)		55.0	%		204.6		190.8
Other Institutional Joint Ventures	Various				247.5		256.8
Other Joint Venture Programs	Various				210.7		208.9
Total*				$	1,087.8	$	1,091.6

Joint Venture Investments Accounted For Under The Equity Method Debt Details [Table Text Block]

	December 31, 2023							December 31, 2022
Joint Venture	Mortgages and Notes Payable, Net		Weighted Average Interest Rate			Weighted Average Remaining Term (months)*		Mortgages and Notes Payable, Net		Weighted Average Interest Rate			Weighted Average Remaining Term (months)*
Prudential Investment Program	$	291.6		6.00	%		24.6	$	380.1		5.20	%		33.1
KIR		273.4		5.82	%		39.2		297.9		5.46	%		47.2
CPP		81.9		5.12	%		31.0		83.1		6.14	%		43.0
Other Institutional Joint Ventures		234.1		5.76	%		35.7		233.5		4.30	%		47.7
Other Joint Venture Programs		367.9		4.44	%		59.6		388.8		4.10	%		71.8
Total	$	1,248.9						$	1,383.4

Investments in and Advances to Affiliates [Table Text Block]

	December 31,
	2023		2022
Assets:
Real estate, net	$	669.2	$	668.7
Other assets, net		67.5		72.4
Total Assets	$	736.7	$	741.1
Liabilities and Members’ Capital:
Notes payable, net	$	273.4	$	272.9
Mortgages payable, net		-		25.0
Other liabilities		15.9		13.9
Accumulated other comprehensive income		0.6		-
Members’ capital		446.8		429.3
Total Liabilities and Members’ Capital	$	736.7	$	741.1

	December 31,
	2023		2022
Assets:
Real estate, net	$	3,156.2	$	3,440.1
Other assets, net		251.6		208.4
Total Assets	$	3,407.8	$	3,648.5
Liabilities and Members’ Capital:
Notes payable, net	$	159.9	$	159.5
Mortgages payable, net		815.6		925.9
Other liabilities		70.9		78.8
Accumulated other comprehensive income		5.1		6.3
Noncontrolling interests		34.4		33.5
Members’ capital		2,321.9		2,444.5
Total Liabilities and Members’ Capital	$	3,407.8	$	3,648.5

Schedule of Investments in and Advances to Affiliates, Schedule of Investments [Table Text Block]

	Year Ended December 31,
	2023			2022			2021
Revenues, net	$	174.1		$	182.5		$	186.6
Operating expenses		(46.7	)		(48.2	)		(51.3	)
Depreciation and amortization		(38.5	)		(39.4	)		(40.3	)
Gain on sale of properties		-			76.2			-
Interest expense		(16.8	)		(15.5	)		(18.1	)
Other expense, net		(0.6	)		(1.2	)		(2.1	)
Net income	$	71.5		$	154.4		$	74.8

	Year Ended December 31,
	2023			2022			2021
Revenues, net	$	378.4		$	395.2		$	340.3
Operating expenses		(126.6	)		(126.9	)		(111.7	)
Impairment charges		(17.8	)		(21.1	)		(23.5	)
Depreciation and amortization		(108.2	)		(119.0	)		(97.2	)
Gain on sale of properties		48.0			24.7			61.5
Interest expense		(55.4	)		(38.6	)		(27.6	)
Other expense, net		(6.4	)		(6.2	)		(0.9	)
Net income	$	112.0		$	108.1		$	140.9

Joint Ventures [Member]

Notes Tables

Equity Method Investments [Table Text Block]

	Year Ended December 31,
	2023		2022		2021
Prudential Investment Program (1)	$	16.4	$	9.6	$	17.5
KIR		34.7		70.3		36.9
CPP		8.7		10.6		9.2
Other Institutional Joint Ventures		2.6		7.0		1.7
Other Joint Venture Programs		9.9		12.0		19.5
Total	$	72.3	$	109.5	$	84.8