MORTGAGE AND OTHER INDEBTEDNESS - Additional Information (Details)
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1 Months Ended |
3 Months Ended |
9 Months Ended |
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Oct. 31, 2024
USD ($)
extension
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Mar. 31, 2025
USD ($)
extension
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Mar. 31, 2024
USD ($)
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Sep. 30, 2024 |
Dec. 31, 2024
USD ($)
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| Debt Instrument [Line Items] |
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| Repayment of long-term debt |
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$ 420,300,000
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$ 41,269,000
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| Gross debt |
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2,910,885,000
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$ 3,228,185,000
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| Letters of credit outstanding |
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4,500,000
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| Letters of credit outstanding, amount advanced |
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0
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| Percentage bearing fixed interest, amount |
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2,200,000,000
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| Percentage bearing variable interest, amount |
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748,000,000.0
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| Kite Realty Group, L.P. |
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| Debt Instrument [Line Items] |
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| Repayment of long-term debt |
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$ 420,300,000
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$ 41,269,000
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| Unsecured Revolving Line of Credit |
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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5.56%
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5.64%
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| Gross debt |
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$ 34,000,000
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$ 0
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| Unsecured Revolving Line of Credit | Debt Instrument, Maturity Option, One |
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| Debt Instrument [Line Items] |
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| Number of extension options | extension |
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1
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| Extension period |
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1 year
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| Unsecured Revolving Line of Credit | Debt Instrument, Maturity Option, Two |
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| Debt Instrument [Line Items] |
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| Number of extension options | extension |
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2
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| Extension period |
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6 months
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| Unsecured Revolving Line of Credit | Kite Realty Group, L.P. |
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| Debt Instrument [Line Items] |
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| Line of credit, aggregate borrowing capacity |
$ 1,100,000,000
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$ 1,100,000,000
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| Line of credit, accordion feature, maximum borrowing capacity |
$ 2,000,000,000
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| Variable interest rate, type [Extensible enumeration] |
Secured Overnight Financing Rate (SOFR) [Member]
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Secured Overnight Financing Rate (SOFR) [Member]
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|
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| Credit spread, increase (as a percent) |
0.10%
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0.10%
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| Covenant, total leverage ratio, minimum |
0.350
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|
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| Covenant, total leverage ratio, maximum |
0.375
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|
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| Reduction of interest rate margin upon achievement of sustainability metric |
0.0002
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0.0001
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| Unsecured Revolving Line of Credit | Kite Realty Group, L.P. | Debt Instrument, Maturity Option, One |
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| Debt Instrument [Line Items] |
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| Number of extension options | extension |
1
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1
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| Extension period |
1 year
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1 year
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| Unsecured Revolving Line of Credit | Kite Realty Group, L.P. | Debt Instrument, Maturity Option, Two |
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| Debt Instrument [Line Items] |
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| Number of extension options | extension |
2
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2
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| Extension period |
6 months
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6 months
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| Fixed Rate Debt |
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| Debt Instrument [Line Items] |
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| Long-term debt, fair value |
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$ 2,100,000,000
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| Fixed Rate Debt | Minimum |
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| Debt Instrument [Line Items] |
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| Fixed interest rate (as a percent) |
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5.48%
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| Fixed Rate Debt | Maximum |
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| Debt Instrument [Line Items] |
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| Fixed interest rate (as a percent) |
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6.65%
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| Variable Rate Debt |
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| Debt Instrument [Line Items] |
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| Long-term debt, fair value |
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$ 749,500,000
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| Variable interest rate (as a percent) |
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5.47%
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| Mortgages Payable |
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| Debt Instrument [Line Items] |
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| Scheduled principal payments |
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$ 1,300,000
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|
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| Gross debt |
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146,885,000
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148,185,000
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| Mortgages Payable | Fixed Rate Debt |
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| Debt Instrument [Line Items] |
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| Gross debt |
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$ 132,885,000
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$ 133,585,000
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| Mortgages Payable | Fixed Rate Debt | Minimum |
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| Debt Instrument [Line Items] |
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|
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| Interest rate (as a percent) |
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3.75%
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3.75%
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| Mortgages Payable | Fixed Rate Debt | Maximum |
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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5.73%
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5.73%
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| Mortgages Payable | Variable Rate Debt |
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| Debt Instrument [Line Items] |
|
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| Gross debt |
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$ 14,000,000
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|
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$ 14,600,000
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| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
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| Variable interest rate (as a percent) |
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4.32%
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4.33%
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| Senior Unsecured Notes |
|
|
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| Debt Instrument [Line Items] |
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| Gross debt |
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$ 2,030,000,000
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$ 2,380,000,000
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| Senior Unsecured Notes | Senior Notes - 4.00% Due 2025 |
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| Debt Instrument [Line Items] |
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| Repayment of long-term debt |
|
$ 350,000,000
|
|
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| Interest rate (as a percent) |
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0.00%
|
|
|
4.00%
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| Gross debt |
|
$ 0
|
|
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$ 350,000,000
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| Senior Unsecured Notes | Senior Notes - 4.95% Due 2031 |
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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4.95%
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|
4.95%
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| Principal amount of debt issued |
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$ 350,000,000
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|
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| Gross debt |
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350,000,000
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|
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$ 350,000,000
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| Unsecured Term Loans |
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| Debt Instrument [Line Items] |
|
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| Gross debt |
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$ 700,000,000
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$ 700,000,000
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| Unsecured Term Loans | Unsecured term loan due 2029 - fixed rate |
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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3.72%
|
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|
3.72%
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| Gross debt |
|
$ 300,000,000
|
|
|
$ 300,000,000
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
|
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| Fixed interest rate (as a percent) |
|
2.47%
|
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| Variable interest rate (as a percent) |
|
1.25%
|
|
|
1.25%
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| Unsecured Term Loans | Unsecured term loan due 2029 - fixed rate | Kite Realty Group, L.P. |
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| Debt Instrument [Line Items] |
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| Principal amount of debt issued |
$ 300,000,000
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| Debt instrument term (in years) |
7 years
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| Gross debt |
|
$ 300,000,000
|
|
|
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
|
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| Credit spread, increase (as a percent) |
|
0.10%
|
|
|
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| Reduction of interest rate margin upon achievement of sustainability metric |
|
0.0001
|
|
|
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| Unsecured Term Loans | $150M Unsecured Term Loan |
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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2.73%
|
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|
2.73%
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| Gross debt |
|
$ 150,000,000
|
|
|
$ 150,000,000
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
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| Fixed interest rate (as a percent) |
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1.68%
|
|
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| Variable interest rate (as a percent) |
|
1.05%
|
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|
1.05%
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| Unsecured Term Loans | $150M Unsecured Term Loan | Kite Realty Group, L.P. |
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| Debt Instrument [Line Items] |
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| Gross debt |
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$ 150,000,000
|
|
|
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
|
|
| Credit spread, increase (as a percent) |
|
0.10%
|
|
|
|
| Reduction of interest rate margin upon achievement of sustainability metric |
|
0.0001
|
|
|
|
| Maximum borrowing capacity |
|
$ 250,000,000
|
|
|
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| Unsecured Term Loans | Unsecured term loan due 2025 |
|
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| Debt Instrument [Line Items] |
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| Interest rate (as a percent) |
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3.94%
|
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|
3.94%
|
| Gross debt |
|
$ 250,000,000
|
|
|
$ 250,000,000
|
| Number of extension options | extension |
|
1
|
|
|
|
| Extension period |
|
1 year
|
|
|
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
|
|
| Fixed interest rate (as a percent) |
|
2.99%
|
|
|
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| Variable interest rate (as a percent) |
|
0.95%
|
|
|
0.95%
|
| Unsecured Term Loans | Unsecured term loan due 2025 | Kite Realty Group, L.P. |
|
|
|
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| Debt Instrument [Line Items] |
|
|
|
|
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| Gross debt |
|
$ 250,000,000
|
|
|
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| Number of extension options | extension |
|
1
|
|
|
|
| Extension period |
|
1 year
|
|
|
|
| Variable interest rate, type [Extensible enumeration] |
|
Secured Overnight Financing Rate (SOFR) [Member]
|
|
|
|
| Credit spread, increase (as a percent) |
|
0.10%
|
|
|
|
| Maximum borrowing capacity |
|
$ 300,000,000.0
|
|
|
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