Note 3 - RPT Merger (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Schedule of Business Acquisitions by Acquisition, Equity Interest Issued or Issuable [Table Text Block]

	Common Shares (1)		OP Units		Cumulative Convertible Perpetual Preferred Shares
RPT shares/units outstanding as of January 2, 2024		87,675		1,576		1,849
Exchange ratio		0.6049		0.6049		1.0000
Kimco shares/units issued		53,034		953		1,849
Value of Kimco stock per share/unit	$	22.0005	$	22.0005	$	57.13
Equity consideration given from Kimco shares/units issued	$	1,166,775	$	20,975	$	105,607

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

	Calculated Value of RPT Consideration		Cash Consideration*		Total Value of Consideration
As of January 2, 2024	$	1,293,357	$	149,103	$	1,442,460

Schedule of Recognized Identifiable Assets and Liabilities Attributable to Business Combination [Table Text Block]

	Provisional Allocation as of March 31, 2024
Land	$	312,663
Building and improvements		1,340,164
In-place leases		220,607
Above-market leases		12,872
Real estate assets		1,886,306
Investments in and advances to real estate joint ventures		433,345
Investments in and advances to other investments		12,672
Operating lease right-of-use assets, net		6,128
Accounts receivable and other assets		57,529
Total assets acquired		2,395,980
Notes payable		(821,500	)
Accounts payable and other liabilities		(50,713	)
Operating lease liabilities		(13,506	)
Below-market leases		(67,801	)
Total liabilities assumed		(953,520	)
Total purchase price	$	1,442,460

	Weighted Average Amortization Period (in Years)
Land		n/a
Building		50.0
Building improvements		45.0
Tenant improvements		3.7
In-place leases		3.0
Above-market leases		3.7
Below-market leases		22.0
Operating right-of-use assets		81.3

Business Acquisition, Pro Forma Information [Table Text Block]

	Three Months Ended March 31,
	2024		2023
Revenues from rental properties, net	$	498.9	$	483.0
Net income (1)	$	16.2	$	269.9
Net income available to the Company’s common shareholders (1)	$	6.3	$	259.7