v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flow from operating activities:    
Net income $ 166,347 $ 134,503
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 156,496 158,453
Impairment charges 50 534
Straight-line rental income adjustments, net (6,612) (6,299)
Amortization of above-market and below-market leases, net (13,634) (5,314)
Amortization of deferred financing costs and fair value debt adjustments, net 1,630 100
Equity award expense 12,728 6,725
Gain on sale of properties (15,707) (887)
Loss on marketable securities/derivative, net 29 325
Equity in income, net (24,800) (22,700)
Distributions from joint ventures and other investments 30,036 22,130
Change in accounts and other receivables, net 5,500 7,385
Change in accounts payable and accrued expenses (25,051) (33,996)
Change in other operating assets (21,636) (28,681)
Change in other operating liabilities (16,585) (7,781)
Net cash flow provided by operating activities 242,986 223,813
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets 0 (106,244)
Improvements to operating real estate (63,441) (52,117)
Investment in marketable securities (1,011) (1)
Proceeds from sale of marketable securities 679 500
Investments in preferred stock and cost method investments (26) (5,000)
Investments in and advances to real estate joint ventures (299) (1,778)
Reimbursements of investments in and advances to real estate joint ventures 8,200 9,282
Investments in and advances to other investments (1,108) (1,210)
Reimbursements of investments in and advances to other investments 184 1,127
Investment in mortgage and other financing receivables (76,410) 0
Collection of mortgage and other financing receivables 39,896 23,117
Proceeds from sale of properties 43,961 1,324
Proceeds from insurance casualty claims 869 446
Net cash flow used for investing activities (48,506) (130,554)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (16,087) (48,844)
Principal payments on rental property debt (3,055) (3,485)
Proceeds from mortgage loan financings 17,350 0
Proceeds from unsecured revolving credit facility, net 0 120,000
Financing origination costs (6,309) (22)
Contributions from noncontrolling interests 78 0
Distributions to noncontrolling interests (1,588) (2,009)
Redemptions of noncontrolling interests (39,139) (1,045)
Dividends paid (182,882) (177,464)
Repurchase of preferred stock/units 0 (2,817)
Repurchase of common stock/units (462) 0
Shares/Units repurchased for employee tax withholding on equity awards (6,042) (11,536)
Principal payments under finance lease obligations 0 (24,362)
Change in tenants' security deposits 465 1,097
Net cash flow used for financing activities (237,671) (650,487)
Net change in cash, cash equivalents and restricted cash (43,191) (557,228)
Cash, cash equivalents and restricted cash, beginning of the period 212,794 689,731
Cash, cash equivalents and restricted cash, end of the period 169,603 132,503
Interest paid (net of capitalized interest of $1,547 and $531, respectively) 90,606 84,019
Income taxes paid, net of refunds (2,136) 23,370
Senior Unsecured Notes [Member]    
Cash flow from financing activities:    
Repayments of unsecured notes 0 (500,000)
Joint Ventures [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net (24,811) (22,683)
Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net (5,794) (701)
Kimco Realty OP, LLC [Member]    
Cash flow from operating activities:    
Net income 166,347 134,503
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 156,496 158,453
Impairment charges 50 534
Straight-line rental income adjustments, net (6,612) (6,299)
Amortization of above-market and below-market leases, net (13,634) (5,314)
Amortization of deferred financing costs and fair value debt adjustments, net 1,630 100
Equity award expense 12,728 6,725
Gain on sale of properties (15,707) (887)
Loss on marketable securities/derivative, net 29 325
Distributions from joint ventures and other investments 30,036 22,130
Change in accounts and other receivables, net 5,500 7,385
Change in accounts payable and accrued expenses (25,051) (33,996)
Change in other operating assets (21,636) (28,681)
Change in other operating liabilities (16,585) (7,781)
Net cash flow provided by operating activities 242,986 223,813
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets 0 (106,244)
Improvements to operating real estate (63,441) (52,117)
Investment in marketable securities (1,011) (1)
Proceeds from sale of marketable securities 679 500
Investments in preferred stock and cost method investments (26) (5,000)
Investments in and advances to real estate joint ventures (299) (1,778)
Reimbursements of investments in and advances to real estate joint ventures 8,200 9,282
Investments in and advances to other investments (1,108) (1,210)
Reimbursements of investments in and advances to other investments 184 1,127
Investment in mortgage and other financing receivables (76,410) 0
Collection of mortgage and other financing receivables 39,896 23,117
Proceeds from sale of properties 43,961 1,324
Proceeds from insurance casualty claims 869 446
Net cash flow used for investing activities (48,506) (130,554)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (16,087) (48,844)
Principal payments on rental property debt (3,055) (3,485)
Proceeds from mortgage loan financings 17,350 0
Proceeds from unsecured revolving credit facility, net 0 120,000
Financing origination costs (6,309) (22)
Contributions from noncontrolling interests 78 0
Distributions to noncontrolling interests (1,131) (2,009)
Redemptions of noncontrolling interests (38,748) (1,045)
Dividends paid (183,339) (177,464)
Repurchase of preferred stock/units 0 (2,817)
Repurchase of common stock/units (853) 0
Shares/Units repurchased for employee tax withholding on equity awards (6,042) (11,536)
Principal payments under finance lease obligations 0 (24,362)
Change in tenants' security deposits 465 1,097
Net cash flow used for financing activities (237,671) (650,487)
Net change in cash, cash equivalents and restricted cash (43,191) (557,228)
Cash, cash equivalents and restricted cash, beginning of the period 212,794 689,731
Cash, cash equivalents and restricted cash, end of the period 169,603 132,503
Interest paid (net of capitalized interest of $1,547 and $531, respectively) 90,606 84,019
Income taxes paid, net of refunds (2,136) 23,370
Kimco Realty OP, LLC [Member] | Senior Unsecured Notes [Member]    
Cash flow from financing activities:    
Repayments of unsecured notes 0 (500,000)
Kimco Realty OP, LLC [Member] | Joint Ventures [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net (24,811) (22,683)
Kimco Realty OP, LLC [Member] | Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net $ (5,794) $ (701)