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Note 6 - Investment In and Advances to Real Estate Joint Ventures (Details Textual)
ft² in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
ft²
Dec. 31, 2022
USD ($)
ft²
Dec. 31, 2021
Gross Leasable Area (Square Foot) | ft² 1,145 934  
Number of Properties Sold [1],[2] 6 9 13
Other Liabilities $ 599,961 $ 601,574  
Prudential Investment Program [Member] | Operating Properties [Member]      
Subsidiary, Ownership Percentage, Parent 85.00%    
Real Estate Investments, Net $ 150,700    
Gain (Loss) on Change of Control of Equity Investments $ 7,700    
Prudential Investment Program [Member]      
Tangible Asset Impairment Charges, Total   $ 15,100  
All Equity Method Investments [Member]      
Number of Real Estate Properties 104 111  
Gross Leasable Area (Square Foot) | ft² 21,100 22,400  
Kimco Income Fund [Member]      
Payments to Acquire Interest in Subsidiaries and Affiliates, Total   $ 55,100  
Equity Method Investment, Ownership Percentage 52.10%    
Kimco Income Fund [Member] | Board of Directors Chairman [Member]      
Payments to Acquire Interest in Subsidiaries and Affiliates, Total   100  
Prudential Investment Program [Member]      
Tangible Asset Impairment Charges, Total   $ 2,300  
Real Estate Joint Ventures [Member] | Operating Properties [Member]      
Number of Properties Sold 4 9  
Equity Method Investment, Sales Price $ 132,300 $ 349,100  
Equity Method Investment, Realized Gain (Loss) on Disposal $ 300 $ 39,300  
Number of Land Parcels Sold   2  
KIR [Member]      
Equity Method Investment, Ownership Percentage 52.10%    
Other Joint Venture Programs [Member]      
Other Liabilities $ 5,100 $ 5,300  
Investments in and Advances to Real Estate Joint Ventures [Member]      
Equity Method Investments $ 1,087,804 $ 1,091,551  
[1] During 2021, the Company purchased its partner’s 70.0% remaining interest in Jamestown Portfolio, which is comprised of six property interests. The Company then entered into a joint venture with Blackstone Real Estate Income Trust, Inc. (“BREIT”) in which it contributed these six properties for a gross sales price of $425.8 million, including $170.0 million of non-recourse mortgage debt. As a result, the Company no longer consolidates these six property interests and recognized a loss on change in control of interests of $0.4 million. The Company has a 50.0% investment in this joint venture ($130.1 million as of the date of deconsolidation), included in Investments in and advances to real estate joint ventures on the Company’s Consolidated Balance Sheets.
[2] During 2023, the Company contributed a land parcel and related entitlements, located in Admore, PA, into a preferred equity investment with a gross value of $19.6 million. As a result, the Company no longer consolidates this land parcel and has a non-controlling interest in this investment. See Footnote 7 of the Notes to the Company’s Consolidated Financial Statements for preferred equity investment disclosure.