XML 51 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Schedule IV - Mortgage Loans on Real Estate
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]
KIMCO REALTY CORPORATION AND SUBSIDIARIES
  
SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE
  
As of December 31, 2018
  
(in thousands)
  
                                             
Description
  
Interest Rate
  
Final Maturity Date
Periodic Payment
Terms (a)
  
Prior Liens
    
Original Face
Amount
of Mortgages
    
Carrying Amount of
Mortgages (b)
    
Principal Amount of
Loans Subject to
Delinquent Principal
or Interest
  
                                             
Mortgage Loans:
  
 
 
 
      
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Retail
 
 
 
 
      
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Westport, CT
    
6.50%
  
Mar-33
I
  
$
-
    
$
5,014
    
$
5,014
    
$
-
  
Las Vegas, NV
    
12.00%
  
May-33
I
    
-
      
3,075
      
3,075
      
-
  
Miami, FL
    
7.57%
  
Jun-19
P& I
    
-
      
4,201
      
1,646
      
-
  
Miami, FL
    
7.57%
  
Jun-19
P& I
    
-
      
3,678
      
1,613
      
-
  
Nonretail
  
 
 
 
      
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Oakbrook Terrace, IL
    
6.00%
  
Dec-24
I
    
-
      
1,950
      
1,950
      
-
  
Individually < 3% (c)
  
 
(d)
  
(e)
P&I
    
-
      
2,474
      
695
      
-
  
   
 
 
 
 
 
  
-
    
20,392
    
13,993
    
-
  
Other Financing Loans:
  
 
 
 
      
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Nonretail
  
 
 
 
      
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Individually < 3% (f)
    
(g)
  
(h)
P&I
  
-
    
775
    
455
    
-
  
                                             
   
 
 
 
 
 
  
$
-
    
$
21,167
    
$
14,448
    
$
-
  
 
 
(a)  I = Interest only; P&I = Principal & Interest.
(b)  The aggregate cost for Federal income tax purposes was approximately
$14.4
million as of
December 31, 2018.
(c)  Comprised of
three
separate loans with original loan amounts ranging from
$0.5
 million to
$1.4
million.
(d)  Interest rates range from
6.88%
to
7.41%.
(e)  Maturity dates range from
October 
2019
to
December 2030.
(f)  Comprised of
two
separate loans with original loan amounts ranging from
$0.2
million to
$0.6
million.
(g)  Interest rates range from
2.28%
to
6.85%.
(h)  Maturity dates range from
April 2019
to
April 2027.
 
For a reconciliation of mortgage and other financing receivables from
January 1, 2016
to
December 31, 2018,
see Footnote
10
of the Notes to the Consolidated Financial Statements included in this Form
10
-K.
 
The Company feels it is
not
practicable to estimate the fair value of each receivable as quoted market prices are
not
available.  
 
The cost of obtaining an independent valuation on these assets is deemed excessive considering the materiality of the total receivables.