v3.25.1
Consolidated Balance Sheets (Unaudited) - KRG, LP - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets:    
Investment properties, at cost $ 7,695,216 $ 7,634,191
Less: accumulated depreciation (1,639,965) (1,587,661)
Net investment properties 6,055,251 6,046,530
Cash and cash equivalents 49,061 128,056
Tenant and other receivables, including accrued straight-line rent of $69,931 and $67,377, respectively 124,331 125,768
Restricted cash and escrow deposits 5,846 5,271
Deferred costs, net 230,287 238,213
Short-term deposits 0 350,000
Prepaid and other assets 117,734 104,627
Investments in unconsolidated subsidiaries 20,315 19,511
Assets associated with investment properties held for sale 79,683 73,791
Total assets 6,682,508 7,091,767
Liabilities:    
Mortgage and other indebtedness, net 2,910,057 3,226,930
Accounts payable and accrued expenses 161,438 202,651
Deferred revenue and other liabilities 235,341 246,100
Liabilities associated with investment properties held for sale 4,199 4,009
Total liabilities 3,311,035 3,679,690
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership 101,619 98,074
Partners’ Equity:    
Common equity, 219,812,300 and 219,667,067 units issued and outstanding at March 31, 2025 and December 31, 2024, respectively 2,198 2,197
Accumulated other comprehensive income 32,307 36,612
Total shareholders’ equity/Partners’ equity 3,267,953 3,312,110
Noncontrolling interests 1,901 1,893
Total equity 3,269,854 3,314,003
Total liabilities and equity 6,682,508 7,091,767
Kite Realty Group, L.P.    
Assets:    
Investment properties, at cost 7,695,216 7,634,191
Less: accumulated depreciation (1,639,965) (1,587,661)
Net investment properties 6,055,251 6,046,530
Cash and cash equivalents 49,061 128,056
Tenant and other receivables, including accrued straight-line rent of $69,931 and $67,377, respectively 124,331 125,768
Restricted cash and escrow deposits 5,846 5,271
Deferred costs, net 230,287 238,213
Short-term deposits 0 350,000
Prepaid and other assets 117,734 104,627
Investments in unconsolidated subsidiaries 20,315 19,511
Assets associated with investment properties held for sale 79,683 73,791
Total assets 6,682,508 7,091,767
Liabilities:    
Mortgage and other indebtedness, net 2,910,057 3,226,930
Accounts payable and accrued expenses 161,438 202,651
Deferred revenue and other liabilities 235,341 246,100
Liabilities associated with investment properties held for sale 4,199 4,009
Total liabilities 3,311,035 3,679,690
Commitments and contingencies
Limited Partners’ interests in the Operating Partnership 101,619 98,074
Partners’ Equity:    
Common equity, 219,812,300 and 219,667,067 units issued and outstanding at March 31, 2025 and December 31, 2024, respectively 3,235,646 3,275,498
Accumulated other comprehensive income 32,307 36,612
Total shareholders’ equity/Partners’ equity 3,267,953 3,312,110
Noncontrolling interests 1,901 1,893
Total equity 3,269,854 3,314,003
Total liabilities and equity $ 6,682,508 $ 7,091,767