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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Rental income $ 308,399 $ 338,523 $ 346,444
Total revenue 315,173 354,184 358,819
Expenses:      
Property operating 45,575    
Property operating   50,356 49,643
Real estate taxes 38,777 42,378 43,180
General, administrative, and other 28,214 21,320 21,749
Depreciation and amortization 132,098 152,163 172,091
Impairment charge 37,723 70,360 7,411
Total expenses 282,387 336,577 294,074
Gains on sale of operating properties, net 38,971 3,424 15,160
Operating income 71,757 21,031 79,905
Interest expense (59,268) (66,785) (65,702)
Income tax benefit of taxable REIT subsidiary 282 227 100
Loss on debt extinguishment (11,572) 0 0
Equity in loss of unconsolidated subsidiaries (628) (278)  
Other expense, net (573) (646) (415)
Consolidated net (loss) income (2) (46,451) 13,888
Net income attributable to noncontrolling interests (532) (116) (2,014)
Net income attributable to parent $ (534) $ (46,567) $ 11,874
Net income per common share – basic:      
Net income per common share – basic (in dollars per share) $ (0.01) $ (0.56) $ 0.14
Net income per common share – diluted:      
Net income per common share – diluted (in dollars per share) $ (0.01) $ (0.56) $ 0.14
Weighted average common shares outstanding - basic (in shares) 83,926,296 83,693,385 83,585,333
Weighted average common shares outstanding - diluted (in shares) 83,926,296 83,693,385 83,690,418
Dividends declared per common share (in dollars per share) $ 1.270 $ 1.270 $ 1.225
Change in fair value of derivatives $ (13,158)    
Change in fair value of derivatives   $ (6,647) $ 3,384
Total comprehensive (loss) income (13,160) (53,098) 17,272
Comprehensive loss (income) attributable to noncontrolling interests (160) 44 (2,092)
Comprehensive income attributable to parent (13,320) (53,054) 15,180
Other property related revenue      
Revenue:      
Total revenue 6,326 13,138 11,998
Fee income      
Revenue:      
Total revenue 448 2,523 377
Kite Realty Group, LP      
Revenue:      
Rental income 308,399 338,523 346,444
Total revenue 315,173 354,184 358,819
Expenses:      
Property operating 45,575    
Property operating   50,356 49,643
Real estate taxes 38,777 42,378 43,180
General, administrative, and other 28,214 21,320 21,749
Depreciation and amortization 132,098 152,163 172,091
Impairment charge 37,723 70,360 7,411
Total expenses 282,387 336,577 294,074
Gains on sale of operating properties, net 38,971 3,424 15,160
Operating income 71,757 21,031 79,905
Interest expense (59,268) (66,785) (65,702)
Income tax benefit of taxable REIT subsidiary 282 227 100
Loss on debt extinguishment (11,572) 0 0
Equity in loss of unconsolidated subsidiaries (628) (278) 0
Other expense, net (573) (646) (415)
Consolidated net (loss) income (2) (46,451) 13,888
Net income attributable to noncontrolling interests (528) (1,151) (1,733)
Net income attributable to parent (534) (46,567) 11,874
Net income attributable to common shareholders (530) (47,602) 12,155
Allocation of net (loss) income:      
Limited Partners 4 (1,035) 281
Parent Company $ (534) $ (46,567) $ 11,874
Net income per common share – basic:      
Net income per common share – basic (in dollars per share) $ (0.01) $ (0.56) $ 0.14
Net income per common share – diluted:      
Net income per common share – diluted (in dollars per share) $ (0.01) $ (0.56) $ 0.14
Weighted average common shares outstanding - basic (in shares) 86,027,409 85,740,449 85,566,272
Weighted average common shares outstanding - diluted (in shares) 86,027,409 85,740,449 85,671,358
Dividends declared per common share (in dollars per share) $ 1.270 $ 1.270 $ 1.225
Change in fair value of derivatives $ (13,158)    
Change in fair value of derivatives   $ (6,647) $ 3,384
Total comprehensive (loss) income (13,160) (53,098) 17,272
Comprehensive loss (income) attributable to noncontrolling interests (528) (1,151) (1,733)
Comprehensive income attributable to parent (13,688) (54,249) 15,539
Kite Realty Group, LP | Other property related revenue      
Revenue:      
Total revenue 6,326 13,138 11,998
Kite Realty Group, LP | Fee income      
Revenue:      
Total revenue $ 448 $ 2,523 $ 377