v3.26.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash flow from operating activities:    
Net income $ 602,378 $ 439,500
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 461,450 473,045
Impairment charges 14,650 8,619
Straight-line rental income adjustments, net (22,027) (18,955)
Amortization of above-market and below-market leases, net (24,996) (22,300)
Amortization of deferred financing costs and fair value debt adjustments, net 5,763 2,346
Equity award expense 27,618 25,278
Gain on sale of properties (106,451) (43,514)
Loss/(gain) on marketable securities/derivative, net 89 (1,802)
Equity in income, net (131,200) (73,600)
Distributions from joint ventures and other investments 139,690 71,748
Change in accounts and other receivables, net 15,645 7,852
Change in accounts payable and accrued expenses 39,934 31,589
Change in other operating assets (29,912) (28,689)
Change in other operating liabilities (9,335) (7,796)
Net cash flow provided by operating activities 977,839 861,644
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (115,495) (144,420)
Improvements to operating real estate (273,947) (231,966)
Investment in marketable securities (3,064) (1,315)
Proceeds from sale of marketable securities 1,179 500
Investments in preferred stock and cost method investments (52) (5,861)
Investments in and advances to real estate joint ventures (2,012) (3,976)
Distributions from real estate joint ventures in excess of equity in earnings 202,149 18,505
Investments in and advances to other investments (10,295) (4,376)
Distributions from other investments in excess of equity in earnings 1,800 1,318
Investment in mortgage and other financing receivables (122,071) (251,986)
Collection of mortgage and other financing receivables 164,589 71,814
Proceeds from sale of properties 156,365 58,178
Proceeds from insurance casualty claims 1,372 2,267
Net cash flow provided by/(used for) investing activities 518 (491,318)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (47,135) (48,844)
Principal payments on rental property debt (8,793) (9,097)
Proceeds from mortgage loan financings 17,350 0
Proceeds from issuance of exchangeable senior notes 600,000 0
Proceeds from issuance of unsecured notes 0 500,000
Proceeds from unsecured revolving credit facility, net 0 40,000
Repayments of unsecured notes (265,970) (740,505)
Financing origination costs (19,625) (7,451)
Contributions from noncontrolling interests 3,002 125
Distributions to noncontrolling interests (4,877) (6,456)
Redemptions of noncontrolling interests (39,788) (1,046)
Dividends paid (560,114) (531,148)
Proceeds from issuance of common stock, net 13,775 0
Repurchase of preferred stock/units (73,943) (3,480)
Repurchase of common stock/units (255,175) (58,844)
Shares/Units repurchased for employee tax withholding on equity awards (6,394) (11,672)
Principal payments under finance lease obligations 0 (24,362)
Change in tenants' security deposits 1,452 3,204
Net cash flow used for financing activities (646,235) (899,576)
Net change in cash, cash equivalents and restricted cash 332,122 (529,250)
Cash, cash equivalents and restricted cash, beginning of the period 212,794 689,731
Cash, cash equivalents and restricted cash, end of the period 544,916 160,481
Interest paid (net of capitalized interest of $4,669 and $2,110, respectively) 252,832 243,298
Income taxes paid, net of refunds 340 25,806
Joint Ventures [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net (131,166) (73,640)
Other Real Estate Investments [Member]    
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Equity in income, net (5,491) (1,637)
Kimco Realty OP, LLC [Member]    
Cash flow from operating activities:    
Net income 602,378 439,500
Adjustments to reconcile net income to net cash flow provided by operating activities:    
Depreciation and amortization 461,450 473,045
Impairment charges 14,650 8,619
Straight-line rental income adjustments, net (22,027) (18,955)
Amortization of above-market and below-market leases, net (24,996) (22,300)
Amortization of deferred financing costs and fair value debt adjustments, net 5,763 2,346
Equity award expense 27,618 25,278
Gain on sale of properties (106,451) (43,514)
Loss/(gain) on marketable securities/derivative, net 89 (1,802)
Distributions from joint ventures and other investments 139,690 71,748
Change in accounts and other receivables, net 15,645 7,852
Change in accounts payable and accrued expenses 39,934 31,589
Change in other operating assets (29,912) (28,689)
Change in other operating liabilities (9,335) (7,796)
Net cash flow provided by operating activities 977,839 861,644
Cash flow from investing activities:    
Acquisition of operating real estate and other related net assets (115,495) (144,420)
Improvements to operating real estate (273,947) (231,966)
Investment in marketable securities (3,064) (1,315)
Proceeds from sale of marketable securities 1,179 500
Investments in preferred stock and cost method investments (52) (5,861)
Investments in and advances to real estate joint ventures (2,012) (3,976)
Distributions from real estate joint ventures in excess of equity in earnings 202,149 18,505
Investments in and advances to other investments (10,295) (4,376)
Distributions from other investments in excess of equity in earnings 1,800 1,318
Investment in mortgage and other financing receivables (122,071) (251,986)
Collection of mortgage and other financing receivables 164,589 71,814
Proceeds from sale of properties 156,365 58,178
Proceeds from insurance casualty claims 1,372 2,267
Net cash flow provided by/(used for) investing activities 518 (491,318)
Cash flow from financing activities:    
Principal payments on debt, excluding normal amortization of rental property debt (47,135) (48,844)
Principal payments on rental property debt (8,793) (9,097)
Proceeds from mortgage loan financings 17,350 0
Proceeds from issuance of exchangeable senior notes 600,000 0
Proceeds from issuance of unsecured notes 0 500,000
Proceeds from unsecured revolving credit facility, net 0 40,000
Repayments of unsecured notes (265,970) (740,505)
Financing origination costs (19,625) (7,451)
Contributions from noncontrolling interests 3,002 125
Distributions to noncontrolling interests (3,470) (5,466)
Redemptions of noncontrolling interests (39,355) (1,046)
Dividends paid (561,521) (532,138)
Proceeds from issuance of common stock, net 13,775 0
Repurchase of preferred stock/units (73,943) (3,480)
Repurchase of common stock/units (255,608) (58,844)
Shares/Units repurchased for employee tax withholding on equity awards (6,394) (11,672)
Principal payments under finance lease obligations 0 (24,362)
Change in tenants' security deposits 1,452 3,204
Net cash flow used for financing activities (646,235) (899,576)
Net change in cash, cash equivalents and restricted cash 332,122 (529,250)
Cash, cash equivalents and restricted cash, beginning of the period 212,794 689,731
Cash, cash equivalents and restricted cash, end of the period 544,916 160,481
Interest paid (net of capitalized interest of $4,669 and $2,110, respectively) 252,832 243,298
Income taxes paid, net of refunds 340 25,806
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 (131,166) (73,640)
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 $ (5,491) $ (1,637)