Kite Realty Group Trust (KRG) 10-Q 12 May 14 2014 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
	Mar. 31, 2014	1-May-14
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'KITE REALTY GROUP TRUST	'
Document Type	'10-Q	'
Current Fiscal Year End Date	'--12-31	'
Entity Common Stock, Shares Outstanding	'	131,527,053
Amendment Flag	'false	'
Entity Central Index Key	'0001286043	'
Entity Current Reporting Status	'Yes	'
Entity Voluntary Filers	'No	'
Entity Filer Category	'Accelerated Filer	'
Entity Well-known Seasoned Issuer	'No	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

Consolidated_Balance_Sheets_Un

Consolidated Balance Sheets (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets:	'	'
Land	$328,137	$333,458
Land held for development	55,944	56,078
Buildings and improvements	1,355,318	1,351,642
Furniture, equipment and other	6,531	4,970
Construction in progress	117,579	130,909
	1,863,509	1,877,057
Less: accumulated depreciation	-238,659	-232,580
	1,624,850	1,644,477
Cash and cash equivalents	31,876	18,134
Tenant receivables, including accrued straight-line rent of $15,118 and $14,490, respectively, net of allowance for uncollectible accounts	26,756	24,768
Other receivables	3,431	4,567
Escrow deposits	11,186	11,046
Deferred costs, net	54,976	56,388
Prepaid and other assets	6,815	4,547
Total Assets	1,759,890	1,763,927
Liabilities and Equity:	'	'
Mortgage and other indebtedness	871,334	857,144
Accounts payable and accrued expenses	52,838	61,437
Deferred revenue and other liabilities	41,935	44,313
Total Liabilities	966,107	962,894
Commitments and contingencies	'	'
Redeemable noncontrolling interests in Operating Partnership	39,851	43,928
Kite Realty Group Trust Shareholders' Equity:	'	'
Preferred Shares, $.01 par value, 40,000,000 shares authorized, 4,100,000 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively, with a liquidation value of $102,500	102,500	102,500
Common Shares, $.01 par value, 200,000,000 shares authorized, 131,527,053 shares and 130,826,217 shares issued and outstanding at March 31, 2014 and December 31, 2013, respectively	1,315	1,308
Additional paid in capital and other	825,337	821,526
Accumulated other comprehensive income	686	1,353
Accumulated deficit	-179,461	-173,130
Total Kite Realty Group Trust Shareholders' Equity	750,377	753,557
Noncontrolling Interests	3,555	3,548
Total Equity	753,932	757,105
Total Liabilities and Equity	$1,759,890	$1,763,927

Consolidated_Balance_Sheets_Un1

Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Accrued straight-line rent (in Dollars)	$15,118	$14,490
Preferred Shares, par value (in Dollars per share)	$0.01	$0.01
Preferred Shares, shares authorized	40,000,000	40,000,000
Preferred Shares, shares issued	4,100,000	4,100,000
Preferred Shares, shares outstanding	4,100,000	4,100,000
Preferred Shares, liquidation value (in Dollars)	$102,500	$102,500
Common Shares, par value (in Dollars per share)	$0.01	$0.01
Common Shares, shares authorized	200,000,000	200,000,000
Common Shares, shares issued	131,527,053	130,826,217
Common Shares, shares outstanding	131,527,053	130,826,217

Consolidated_Statements_of_Ope

Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Revenue:	'	'
Minimum rent	$31,260	$20,480
Tenant reimbursements	9,163	5,556
Other property related revenue	2,237	5,005
Total revenue	42,660	31,041
Expenses:	'	'
Property operating	7,315	5,101
Real estate taxes	5,113	3,511
General, administrative, and other	3,106	2,140
Merger and acquisition costs	4,480	177
Depreciation and amortization	17,440	11,385
Total expenses	37,454	22,314
Operating income	5,206	8,727
Interest expense	-7,383	-6,328
Income tax benefit of taxable REIT subsidiary	53	29
Other (expense) income, net	-93	47
(Loss) income from continuing operations	-2,217	2,475
Discontinued operations:	'	'
Discontinued operations	'	-418
Gain on sale of operating property, net	3,199	'
Income (loss) from discontinued operations	3,199	-418
Income before gain on sale of operating properties, net	982	2,057
Gain on sale of operating properties, net	3,489	'
Consolidated net (loss) income	4,471	2,057
Change in fair value of derivatives	-702	655
Total comprehensive income	3,769	2,712
Comprehensive (income) attributable to noncontrolling interests	-104	-78
Comprehensive income attributable to Kite Realty Group Trust	3,665	2,634
Net (income) attributable to noncontrolling interests	-139	-25
Net income attributable to Kite Realty Group Trust	4,332	2,032
Dividends on preferred shares	-2,114	-2,114
Net income (loss) attributable to common shareholders	2,218	-82
Net income (loss) per common share - basic & diluted:	'	'
(Loss) income from continuing operations attributable to Kite Realty Group Trust common shareholders (in Dollars per share)	$0	$0
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders (in Dollars per share)	$0.02	$0
Net income (loss) attributable to Kite Realty Group Trust common shareholders (in Dollars per share)	$0.02	$0
Weighted average common shares outstanding - basic and diluted (in Shares)	131,023,592	77,832,499
Dividends declared per common share (in Dollars per share)	$0.07	$0.06
Net income (loss) attributable to Kite Realty Group Trust common shareholders:	'	'
Loss (income) from continuing operations	-826	303
Income (loss) from discontinued operations	$3,044	($385)

Consolidated_Statement_of_Shar

Consolidated Statement of Shareholders' Equity (Unaudited) (USD $)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]	Total
In Thousands, except Share data
Balances at Dec. 31, 2013	$102,500	$1,308	$821,526	$1,353	($173,130)	$753,557
Balances (in Shares) at Dec. 31, 2013	4,100,000	130,826,217	'	'	'	'
Common shares issued under employee share purchase plan	'	'	5	'	'	5
Common shares issued under employee share purchase plan (in Shares)	'	813	'	'	'	'
Stock compensation activity	'	7	311	'	'	318
Stock compensation activity (in Shares)	'	693,023	'	'	'	'
Other comprehensive income attributable to Kite Realty Group Trust	'	'	'	-667	'	-667	[1]
Distributions declared to common shareholders	'	'	'	'	-8,549	-8,549
Distributions to preferred shareholders	'	'	'	'	-2,114	-2,114
Net income attributable to Kite Realty Group Trust	'	'	'	'	4,332	4,332
Exchange of redeemable noncontrolling interests for common shares	'	'	44	'	'	44
Exchange of redeemable noncontrolling interests for common shares (in Shares)	'	7,000	'	'	'	'
Adjustment to redeemable noncontrolling interests - Operating Partnership	'	'	3,451	'	'	3,451
Balances at Mar. 31, 2014	$102,500	$1,315	$825,337	$686	($179,461)	$750,377
Balances (in Shares) at Mar. 31, 2014	4,100,000	131,527,053	'	'	'	'
[1]	Reflects the Company's share of the net change in the fair value of derivative instruments accounted for as cash flow hedges.

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:	'	'
Consolidated net income	$4,471	$2,057
Adjustments to reconcile consolidated net income to net cash provided by operating activities:	'	'
Straight-line rent	-1,045	-609
Depreciation and amortization	17,961	12,353
Gain on sale of operating properties, net	-6,688	'
Provision for credit losses	34	115
Compensation expense for equity awards	78	196
Amortization of debt fair value adjustment	-2	-47
Amortization of in-place lease liabilities	-1,006	-603
Changes in assets and liabilities:	'	'
Tenant receivables and other	-1,831	49
Deferred costs and other assets	-5,893	-3,834
Accounts payable, accrued expenses, deferred revenue and other liabilities	380	2,977
Net cash provided by operating activities	6,459	12,654
Cash flows from investing activities:	'	'
Acquisitions of interests in properties	'	-11,368
Capital expenditures, net	-20,314	-32,746
Net proceeds from sales of operating properties	33,423	'
Change in construction payables	-9,439	-5,533
Collection of note receivable	542	'
Net cash provided by (used in) investing activities	4,212	-49,647
Cash flows from financing activities:	'	'
Common share issuance proceeds, net of issuance costs	-455	5
Loan proceeds	41,329	48,784
Loan transaction costs	-277	-717
Loan payments	-27,137	-1,728
Distributions paid b common shareholders	-7,850	-4,664
Distributions paid - preferred shareholders	-2,114	-2,114
Net cash provided by financing activities	3,071	39,159
Net change in cash and cash equivalents	13,742	2,166
Cash and cash equivalents, beginning of period	18,134	12,483
Cash and cash equivalents, end of period	31,876	14,649
Redeemable Noncontrolling Interests [Member]	'	'
Cash flows from financing activities:	'	'
Distributions to noncontrolling interests	-399	-378
Noncontrolling Interests in Properties [Member]	'	'
Cash flows from financing activities:	'	'
Distributions to noncontrolling interests	($26)	($29)

Note_1_Organization

Note 1 - Organization	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block [Abstract]	'
Nature of Operations [Text Block]	'
	Note 1. Organization
	Kite Realty Group Trust (the “Company”), through its majority-owned subsidiary, Kite Realty Group, L.P. (the “Operating Partnership”), is engaged in the ownership, operation, management, leasing, acquisition, redevelopment and development of neighborhood and community shopping centers and certain commercial real estate properties in selected markets in the United States. At March 31, 2014, the Company owned interests in 68 properties (consisting of 66 retail properties and two commercial operating properties). As of this date, the Company also had two development properties under construction.

Note_2_Basis_of_Presentation_C

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	'
	Note 2. Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests
	The Company’s management has prepared the accompanying unaudited financial statements pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures normally included in the financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) may have been condensed or omitted pursuant to such rules and regulations, although management believes that the disclosures are adequate to make the presentation not misleading. The unaudited financial statements as of March 31, 2014 and for the three months ended March 31, 2014 and 2013 include, in the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary to present fairly the financial information set forth therein. The consolidated financial statements in this Form 10-Q should be read in conjunction with the audited consolidated financial statements and related notes thereto included in the Company’s 2013 Annual Report on Form 10-K. The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reported period. Actual results could differ from these estimates. The results of operations for the interim periods are not necessarily indicative of the results that may be expected on an annual basis.
	Consolidation and Investments in Joint Ventures
	The accompanying financial statements of the Company are presented on a consolidated basis and include all accounts of the Company, the Operating Partnership, the taxable REIT subsidiary of the Operating Partnership, subsidiaries of the Company or the Operating Partnership that are controlled and any variable interest entities (“VIEs”) in which the Company is the primary beneficiary. In general, a VIE is a corporation, partnership, trust or any other legal structure used for business purposes that either (a) has equity investors that do not provide sufficient financial resources for the entity to support its activities, (b) does not have equity investors with voting rights or (c) has equity investors whose votes are disproportionate from their economics and substantially all of the activities are conducted on behalf of the investor with disproportionately fewer voting rights. The Company consolidates properties that are wholly owned as well as properties it controls but in which it owns less than a 100% interest. Control of a property is demonstrated by, among other factors:
		●	the Company’s ability to refinance debt and sell the property without the consent of any other partner or owner;
		●	the inability of any other partner or owner to replace the Company as manager of the property; or
		●	being the primary beneficiary of a VIE. The primary beneficiary is defined as the entity that has (i) the power to direct the activities of the VIE that most significantly impact the VIE’s economic performance, and (ii) the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE.
	As of March 31, 2014, the Company had investments in three joint ventures that are VIEs in which the Company is the primary beneficiary.  As of this date, these VIEs had total debt of $67.1 million which is secured by assets of the VIEs totaling $117.2 million. The Operating Partnership guarantees the debt of these VIEs.
	The Company considers all relationships between itself and the VIE, including development agreements, management agreements and other contractual arrangements, in determining whether it has the power to direct the activities of the VIE that most significantly affect the VIE’s performance. The Company also continuously reassesses primary beneficiary status. There were no changes during the period ended March 31, 2014 to the Company’s conclusions regarding whether an entity qualifies as a VIE or whether the Company is the primary beneficiary of any previously identified VIE.
	Noncontrolling Interests
	The Company reports its noncontrolling interests in subsidiaries as equity and the amount of consolidated net income attributable to the noncontrolling interests is set forth separately in the consolidated financial statements. The noncontrolling interests in consolidated properties for the three months ended March 31, 2014 and 2013 were as follows:
			2014			2013
	Noncontrolling interests balance January 1		$	3,548		$	3,535
	Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests			33			32
	Distributions to noncontrolling interests			(26	)		(29	)
	Noncontrolling interests balance at March 31		$	3,555		$	3,538
	The Company classifies redeemable noncontrolling interests in the Operating Partnership in the accompanying consolidated balance sheets outside of permanent equity because the Company may be required to pay cash to unitholders upon redemption of their interests in the Operating Partnership under certain circumstances, such as the delivery of registered shares upon conversion. The carrying amount of the redeemable noncontrolling interests in the Operating Partnership is required to be reflected at the greater of historical book value or redemption value with a corresponding adjustment to additional paid-in capital. As of March 31, 2014 and December 31, 2013, the redemption value of the redeemable noncontrolling interests exceeded the historical book value, and the balance was adjusted to redemption value.
	The redeemable noncontrolling interests in the Operating Partnership for the three months ended March 31, 2014 and 2013 were as follows:
			2014			2013
	Redeemable noncontrolling interests balance January 1		$	43,928		$	37,670
	Net income (loss) allocable to redeemable noncontrolling interests			112			(7	)
	Distributions declared to redeemable noncontrolling interests			(432	)		(381	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1			(35	)		53
	Exchange of redeemable noncontrolling interest for common stock			(44	)		(20	)
	Adjustment to redeemable noncontrolling interests - Operating Partnership and other			(3,678	)		8,677
	Redeemable noncontrolling interests balance at March 31		$	39,851		$	45,992
	____________________
	1	Represents the noncontrolling interests’ share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).
	The following sets forth accumulated other comprehensive income (loss) allocable to noncontrolling interests for the three months ended March 31, 2014 and 2013:
			2014			2013
	Accumulated comprehensive income (loss) balance at January 1		$	69		$	(456	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1			(35	)		53
	Accumulated comprehensive income (loss) balance at March 31		$	34		$	(403	)
	____________________
	1	Represents the noncontrolling interests’ share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).
	The Company allocates net operating results of the Operating Partnership after preferred dividends and noncontrolling interest in the consolidated properties based on the partners’ respective weighted average ownership interest. The Company adjusts the redeemable noncontrolling interests in the Operating Partnership at the end of each period to reflect their interests in the Operating Partnership. This adjustment is reflected in the Company’s shareholders’ equity. The Company’s and the limited partners’ weighted average interests in the Operating Partnership for the three months ended March 31, 2014 and 2013 were as follows:
			Three Months Ended March 31,
			2014			2013
	Company’s weighted average basic interest in Operating Partnership			95.2	%		92	%
	Limited partners' redeemable noncontrolling weighted average basic interests in Operating Partnership			4.8	%		8	%
	At both March 31, 2014 and December 31, 2013, the Company’s and the redeemable noncontrolling ownership interests in the Operating Partnership were 95.2% and 4.8%, respectively.
	Recently Issued Accounting Pronouncements
	In March 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-06, Technical Corrections and Improvements Related to Glossary Terms. The update represents changes to clarify the Master Glossary of the Codification, consolidate multiple instances of the same term into a single definition, or make minor improvements to the Master Glossary that are not expected to result in substantive changes to the application of existing guidance or create a significant administrative cost to most entities. The update does not provide transition guidance and is effective upon issuance. The Company adopted this accounting standard January 1, 2014, and the impact to the consolidated financial statements was not material.
	In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The update improves the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity or assets that meet the criteria to be classified as held for sale and that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results. The update also requires expanded disclosures for discontinued operations and requires an entity to disclose the pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting in the period in which it is disposed of or is classified as held for sale and for all prior periods that are presented in the statement where net income is reported. The update is effective for annual periods beginning on or after December 15, 2014, with early adoption permitted. The Company adopted the standard in the first quarter. The impact to the consolidated financial statements was that current quarter disposals are not classified as discontinued operations. Further, all previous disposals have been classified in discontinued operations.

Note_3_Earnings_Per_Share

Note 3 - Earnings Per Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share [Text Block]	'
	Note 3. Earnings Per Share
	Basic earnings per share is calculated based on the weighted average number of shares outstanding during the period. Diluted earnings per share is determined based on the weighted average number of shares outstanding combined with the incremental average shares that would have been outstanding assuming all potentially dilutive shares were converted into common shares as of the earliest date possible.
	Potentially dilutive securities include outstanding options to acquire common shares, units in the Operating Partnership, which may be exchanged for either cash or common shares, at the Company’s option, under certain circumstances, and deferred common share units, which may be credited to the personal accounts of non-employee trustees in lieu of the payment of cash compensation or the issuance of common shares to such trustees. Due to the Company’s net loss attributable to common shareholders for the three months ended March 31, 2013, the potentially dilutive securities were not dilutive for that period.
	Approximately 1.5 million and $1.7 million outstanding options to acquire common shares were excluded from the computation of diluted earnings per share because their impact was not dilutive for the three months ended March 31, 2014 and 2013, respectively.

Note_4_Mortgage_and_Other_Inde

Note 4 - Mortgage and Other Indebtedness	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	Note 4. Mortgage and Other Indebtedness
	Mortgage and other indebtedness consisted of the following at March 31, 2014 and December 31, 2013:
			Balance at
			March 31,			December 31,
			2014			2013
	Unsecured revolving credit facility		$	145,000		$	145,000
	Unsecured term loan			230,000			230,000
	Notes payable secured by properties under construction - variable rate			164,158			144,389
	Mortgage notes payable - fixed rate			271,242			276,504
	Mortgage notes payable - variable rate			60,871			61,185
	Net premiums on acquired debt			63			66
	Total mortgage and other indebtedness		$	871,334		$	857,144
	Consolidated indebtedness, including weighted average maturities and weighted average interest rates at March 31, 2014, is summarized below:
			Amount			Weighted Average Maturity (Years)		Weighted Average Interest Rate			Percentage
											of Total
	Fixed rate debt		$	271,242			4.2		5.76	%		31	%
	Floating rate debt (hedged to fixed)			326,702			3.9		3.28	%		37	%
	Total fixed rate debt, considering hedges			597,944			4		4.4	%		68	%
	Notes payable secured by properties under construction - variable rate			164,158			1.3		2.33	%		19	%
	Other variable rate debt			60,871			4.4		2.38	%		7	%
	Corporate unsecured variable rate debt			375,000			4.5		2.01	%		43	%
	Floating rate debt (hedged to fixed)			(326,702	)		-3.9		-2.14	%		-37	%
	Total variable rate debt, considering hedges			273,327			3.3		2.14	%		32	%
	Net premiums on acquired debt			63			N/A		N/A			N/A
	Total debt		$	871,334			3.8		3.69	%		100	%
	Mortgage and construction loans are collateralized by certain real estate properties and leases. Mortgage loans are generally due in monthly installments of interest and principal and mature over various terms through 2022.
	Variable interest rates on mortgage and construction loans are based on LIBOR plus spreads ranging from 180 to 294 basis points. At March 31, 2014, the one-month LIBOR interest rate was 0.15%. Fixed interest rates on mortgage loans range from 5.42% to 6.78%.
	Unsecured Revolving Credit Facility and Unsecured Term Loan
	The amount that the Company may borrow under the unsecured revolving credit facility is based on the value of assets in its unencumbered property pool. As of March 31, 2014, the full amount of the unsecured revolving credit facility, or $200 million, was available for draw based on the unencumbered property pool allocated to the facility. Taking into account outstanding draws and letters of credit, the Company had $49.8 million available for future borrowings under the unsecured revolving credit facility. As of March 31, 2014, the Company had 63 unencumbered properties, of which 54 were wholly-owned by subsidiaries which are guarantors under the unsecured revolving credit facility and the unsecured term loan, as amended (the “Term Loan”). In addition, there are four unencumbered assets that would provide approximately $120 million of additional borrowing capacity under the unsecured revolving credit facility if they were contributed to the unencumbered property pool and the accordion feature was exercised.
	As of March 31, 2014, $145.0 million was outstanding under the unsecured revolving credit facility and $230.0 million was outstanding under the Term Loan. Based upon the current unencumbered property pool allocated to the unsecured revolving credit facility, the amount available for future borrowings under the unsecured revolving credit facility was approximately $49.8 million. Further, the Company had letters of credit outstanding which totaled $5.2 million. As of March 31, 2014, there were no amounts advanced against these instruments.
	The Company’s ability to borrow under the unsecured revolving credit facility is subject to ongoing compliance with various restrictive covenants, including with respect to liens, indebtedness, investments, dividends, mergers and asset sales.  In addition, the unsecured revolving credit facility and the Term Loan also require the Company to satisfy certain financial covenants. As of March 31, 2014, the Company was in compliance with all such covenants on the unsecured revolving credit facility and the Term Loan.
	Debt Activity
	For the three months ended March 31, 2014, the Company made total loan borrowings of $41.3 million and total loan repayments of $27.1 million. The major components of this activity are as follows:
		●	In February, a draw of $14.7 million was made on the unsecured revolving credit facility to fund redevelopment and tenant improvement costs;
		●	In March, pay downs totaling $14.7 million were made on the unsecured revolving credit facility utilizing a portion of proceeds from current quarter property sales;
		●	In January, a pay-off of the $4.0 million loan secured by the 50th and 12th operating property was made using a portion of the proceeds from the sale of the property (see Note 8);
		●	In March, the $6.9 million Beacon Hill variable rate loan was refinanced and the maturity of the loan was extended to March 2018;
		●	Draws were made on construction loans related to the Delray Marketplace, Holly Springs – Phase I, Rangeline Crossing, Parkside – Phase I and Parkside – Phase II developments totaling $19.8 million throughout the period; and
	Scheduled principal payments were made on indebtedness totaling $1.5 million.
	Fair Value of Fixed and Variable Rate Debt
	As of March 31, 2014, the fair value of fixed rate debt was $287.1 million compared to the book value of $271.2 million. The fair value was estimated using Level 2 and 3 inputs with cash flows discounted at current borrowing rates for similar instruments which ranged from 2.78% to 5.33%. As of March 31, 2014, the fair value of variable rate debt was $598.8 million compared to the book value of $600.0 million. The fair value was estimated using Level 2 and 3 inputs with cash flows discounted at current borrowing rates for similar instruments which ranged from 1.80% to 3.58%.

Note_5_Shareholders_Equity

Note 5 - Shareholders' Equity	3 Months Ended
	Mar. 31, 2014
Stockholders' Equity Note [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	Note 5. Shareholders’ Equity
	In February and March 2014, a total of 679,714 restricted shares were granted to members of executive management and certain other employees. The restricted shares were granted at fair values ranging from $5.92 to $6.14 and will vest ratably over periods ranging from three to five years.
	The Company’s Board of Trustees declared a quarterly preferred share cash distribution of $0.515625 per Series A Preferred Share covering the distribution period from December 2, 2013 to March 1, 2014 and payable to shareholders of record as of February 21, 2014. This distribution was paid on February 28, 2014.
	The Company’s Board of Trustees declared a cash distribution of $0.065 per common share for the first quarter of 2014, which represents an 8.3% increase over the previous quarter distribution made in the prior quarter. This distribution was paid on April 14, 2014 to common shareholders of record as of April 7, 2014.
	The Company has entered into Equity Distribution Agreements with certain sales agents pursuant to which it may sell, from time to time, up to an aggregate amount of $50 million of its common shares.  During the three months ended March 31, 2014, no common shares were issued under these Equity Distribution Agreements.

Note_6_Derivative_Instruments_

Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments and Hedging Activities Disclosure [Text Block]	'
	Note 6. Derivative Instruments, Hedging Activities and Other Comprehensive Income
	The Company is exposed to capital market risk, including changes in interest rates. In order to manage volatility relating to variable interest rate risk, the Company enters into interest rate hedging transactions from time to time. The Company does not use derivatives for trading or speculative purposes nor does the Company have any derivatives that are not designated as cash flow hedges. The Company has an agreement with each of its derivative counterparties that contain a provision that if the Company defaults on any of its indebtedness, including a default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations. As of March 31, 2014, the Company was party to various cash flow hedge agreements with notional amounts totaling $326.7 million, which effectively fixes the interest rate index underlying certain variable rate debt over various terms through 2020. Utilizing a weighted average spread over LIBOR on all variable rate debt resulted in fixing the weighted average interest rate at 3.28%.
	These interest rate hedge agreements are the only assets or liabilities that the Company records at fair value on a recurring basis. The valuation of these assets and liabilities is determined using widely accepted techniques including discounted cash flow analyses, which consider the contractual terms of the derivatives (including the period to maturity) and use observable market-based inputs such as interest rate curves and implied volatilities. The Company also incorporates credit valuation adjustments to reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements.
	As a basis for considering market participant assumptions in fair value measurements, accounting guidance establishes a fair value hierarchy that distinguishes between market participant assumptions based on market data obtained from sources independent of the reporting entity (observable inputs for identical instruments that are classified within Level 1 and observable inputs for similar instruments that are classified within Level 2) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3). In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the asset or liability.
	Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by itself and its counterparties. However, as of March 31, 2014 and December 31, 2013, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives. As a result, the Company has determined that its derivative valuations are classified in Level 2 of the fair value hierarchy.
	As of March 31, 2014 the fair value of the Company’s interest rate hedge assets, net, was $0.4 million, including accrued interest of $0.3 million. As of March 31, 2014, $2.1 million is recorded in prepaid and other assets and $1.7 million is recorded in accounts payable and accrued expenses on the accompanying consolidated balance sheet. At December 31, 2013 the fair value of the Company’s interest rate hedge assets was $1.1 million, including accrued interest of $0.3 million. As of December 31, 2013, $2.8 million is recorded in prepaid and other assets and $1.7 million is recorded in accounts payable and accrued expenses on the accompanying consolidated balance sheet.
	The Company currently expects the impact to interest expense over the next 12 months as the hedged forecasted interest payments occur to be $3.7 million. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to earnings over time as the hedged items are recognized in earnings. During the three months ended March 31, 2014 and 2013, $0.9 million and $0.6 million, respectively, were reclassified as a reduction to earnings.
	The Company’s share of net unrealized gains and losses on its interest rate hedge agreements are the only components of the change in accumulated other comprehensive loss. The following sets forth comprehensive (loss) income allocable to the Company for the three months ended March 31, 2014 and 2013:
			Three months ended
			March 31,
			2014			2013
	Net income (loss) attributable to Kite Realty Group Trust common shareholders		$	2,218		$	(82	)
	Other comprehensive (loss) income allocable to Kite Realty Group Trust1			(667	)		602
	Comprehensive income attributable to Kite Realty Group Trust common shareholders		$	1,551		$	520
	____________________
	1	Reflects the Company’s share of the net change in the fair value of derivative instruments accounted for as cash flow hedges.

Note_7_Commitments_and_Conting

Note 7 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	Note 7. Commitments and Contingencies
	Eddy Street Commons at Notre Dame
	Phase I of Eddy Street Commons at the University of Notre Dame is a multi-phase project located adjacent to the university in South Bend, Indiana. Eddy Street Commons includes retail, office, a limited service hotel, a parking garage, apartment and residential units and is expected to include a full service hotel.
	The City of South Bend, Indiana has contributed $35 million to the development, funded by tax increment financing (TIF) bonds issued by the City and a cash commitment from the City, both of which were used for the construction of the parking garage and infrastructure improvements to this project. The majority of the bonds are expected to be funded by real estate tax payments made by the Company and subject to reimbursement from the tenants of the property; however, the Company has no obligation to repay or guarantee the bonds. If there are delays in the development, the Company is obligated to pay certain fees. However, it has an agreement with the City of South Bend to limit its exposure to a maximum of $0.4 million as to such fees. In addition, the Company will not be in default concerning other obligations under the agreement with the City of South Bend as long as it commences and diligently pursues the completion of its obligations under that agreement.
	Other Commitments and Contingencies
	The Company is not subject to any material litigation nor, to management’s knowledge, is any material litigation currently threatened against the Company other than routine litigation, claims, and administrative proceedings arising in the ordinary course of business. Management believes that such routine litigation, claims, and administrative proceedings will not have a material adverse impact on the Company’s consolidated financial statements.
	The Company is obligated under various completion guarantees with certain lenders and lease agreements with tenants to complete all or portions of the development and redevelopment projects. The Company believes it currently has sufficient financing in place to fund these projects and expects to do so primarily through existing construction loans. In addition, if necessary, it may make draws on its unsecured facility.
	As of March 31, 2014, the Company had outstanding letters of credit totaling $5.2 million. At that date, there were no amounts advanced against these instruments.

Note_8_Disposal_of_Operating_P

Note 8 - Disposal of Operating Properties	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	Note 8. Disposal of Operating Properties
	During the three months ended March 31, 2014, the Company sold its Red Bank Commons operating property in Evansville, Indiana, its Ridge Plaza operating property in Oak Ridge, New Jersey, and its 50th and 12th operating property in Seattle, Washington for aggregate proceeds of $35.2 million for a net gain of $6.8 million.
	The operating properties are included in the accompanying Statement of Operations as the three disposals did not represent a strategic shift that has or will have a major effect on the Company’s operations and financial results and, therefore, the three disposals that occurred in the first quarter of 2014 have been excluded from discontinued operations (see Note 2).
	The relevant financial information attributable to each sold property is comprised of the following for the three months ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014			2013
	Operating income excluding depreciation and amortization		325			478
	Depreciation and amortization		(181	)		(217	)
	Interest expense		(165	)		(190	)
	Total pretax income	$	(21	)	$	71

Note_9_Property_Acquisition

Note 9 - Property Acquisition	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	'
	Note 9. Property Acquisitions
	During the three months ended March 31, 2014, the Company did not acquire any operating properties or land for development. In 2013, the Company acquired thirteen properties and made preliminary purchase price allocations primarily to the fair value of tangible assets (land, building, and improvements) as well as to intangibles. Further, the Company issued $314 million in equity in 2013 and used the majority of the proceeds to acquire these operating properties. Estimated purchase price allocations are subject to revision within the measurement period, not to exceed one year. Following is a summary of the Company’s 2013 operating property acquisitions.
	Property Name	MSA	Acquisition Date	Acquisition Costs (Millions)
	Shoppes of Eastwood	Orlando, FL	Jan-13	$	11.6
	Cool Springs Market	Nashville, TN	Apr-13		37.6
	Castleton Crossing	Indianapolis, IN	May-13		39
	Toringdon Market	Charlotte, NC	Aug-13		15.9
	Nine Property Portfolio:		Nov-13	$	304
	Beechwood Promenade	Athens, GA
	Burnt Store Promenade	Punta Gorda, FL
	Hunter’s Creek Promenade	Orlando, FL
	Lakewood Promenade	Jacksonville, FL
	Northdale Promenade	Tampa, FL
	Kingwood Commons	Houston, TX
	Portofino Shopping Center	Houston, TX
	Clay Marketplace	Birmingham, AL
	Trussville Promenade	Birmingham, AL

Note_10_Development_and_Redeve

Note 10 - Development and Redevelopment Activities	3 Months Ended
	Mar. 31, 2014
Real Estate [Abstract]	'
Real Estate Disclosure [Text Block]	'
	Note 10. Development and Redevelopment Activities
	Development Activities
	In 2014, the Company substantially completed construction on Delray Marketplace in Delray Beach, Florida and transferred the property to the operating portfolio. The center is anchored by Publix and Frank Theatres along with a number of restaurants and retailers including Burt and Max’s Grille, Charming Charlie’s, Chico’s, White House | Black Market, Ann Taylor Loft, and Jos. A Bank.
	In 2013, the Company substantially completed construction on Holly Springs Towne Center – Phase I near Raleigh, North Carolina and transitioned the project to the operating portfolio. The center is anchored by Target (non-owned), Dick’s Sporting Goods, Marshalls, and Petco. In the first quarter of 2014, the Company signed leases with Bed Bath and Beyond and DSW to join Frank Theatres as the anchors for Phase II.
	In 2013, the Company commenced construction on both phases of Parkside Town Commons near Raleigh, North Carolina and transitioned the project to an under-construction development project. Phase I will be anchored by Harris Teeter under a ground lease, Petco and a non-owned Target. Target’s store opened in the first quarter of 2014. Phase II will be anchored by Frank Theatres, Golf Galaxy, Field & Stream, and Toby Keith’s Bar & Grill.
	Redevelopment Activities
	In January 2013, the Company completed plans for the redevelopment project at Bolton Plaza and reduced the estimated useful lives of certain assets that were demolished as part of this project. As a result of this change in estimate, $0.8 million of additional depreciation expense was recognized in the three months ended March 31, 2013. In addition, LA Fitness opened in February 2014.
	In July 2013, the Company completed plans for a redevelopment project at King’s Lake Square and reduced the estimated useful lives of certain assets that were demolished as part of this project. As a result of this change in estimate, $2.5 million of additional depreciation expense was recognized in 2013. Further, the new Publix grocery store opened in April of 2014 and signed a new 20 year lease.

Note_11_Kedron_Village

Note 11 - Kedron Village	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Restructuring, Impairment, and Other Activities Disclosure [Text Block]	'
	Note 11. Kedron Village
	In June 2013, the Company received notice that the representatives of the lender intended to initiate foreclosure proceedings on Kedron Village.
	On July 2, 2013, the foreclosure proceedings were completed and the mortgage lender took title to the property in satisfaction of principal and interest due on the mortgage. The Company classified the operations of Kedron Village to Discontinued Operations for the three months ended March 31, 2013.

Note_12_Inland_Diversified_Mer

Note 12 - Inland Diversified Merger	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	Note 12. Inland Diversified Merger
	On February 9, 2014, the Company signed a definitive merger agreement with Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”), pursuant to which Inland Diversified will merge with and into a wholly-owned subsidiary of the Company in a stock-for-stock exchange with a transaction value of approximately $2.1 billion, which includes the assumption of approximately $0.9 billion of debt.
	Inland Diversified’s retail portfolio that the Company plans to acquire is comprised of 59 properties that were 96.2% leased as of December 31, 2013. The properties are located in existing markets of the Company and new markets including Westchester, New York, Bayonne, New Jersey, Las Vegas, Nevada, Virginia Beach, Virginia, and Salt Lake City, Utah. The Company also plans to acquire from Inland Diversified certain multifamily assets that the Company expects to sell around the close of the merger.
	Under the terms of the merger agreement, Inland Diversified’s stockholders will receive newly issued common shares of beneficial interest of the Company for each outstanding common share of Inland Diversified based on the following possible exchange ratios:
		●	1.707 shares of the Company for each share of Inland Diversified common stock, so long as the reference price for the Company’s shares (defined below) is equal to or less than $6.36;
		●	A floating ratio if the Company’s reference price is between $6.36 and $6.58; such ratio determined by dividing $10.85 by the Company’s reference price;
		●	1.650 shares of the Company for each share of Inland Diversified common stock if the Company’s reference price is $6.58 or greater;
		●	The reference price for the purpose of determining the final exchange ratio is the volume-weighted average trading price of the Company’s common shares for the ten consecutive trading days ending on the third trading day preceding the date on which Inland Diversified’s shareholders will vote to approve the merger with the Company.
	The merger is expected to close early in the third quarter of 2014, subject to the approval of shareholders of both companies and the satisfaction of customary closing conditions.
	The record dates for determining the shareholders entitled to receive notice of, and to vote at, the special meeting are May 5, 2014, with respect to the Company’s special meeting, and April 29, 2014, with respect to the Inland Diversified special meeting. The special meetings of shareholders of the Company and Inland Diversified will be held on June 24, 2014.

Accounting_Policies_by_Policy_

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Investment, Policy [Policy Text Block]	'
	Noncontrolling Interests
	The Company reports its noncontrolling interests in subsidiaries as equity and the amount of consolidated net income attributable to the noncontrolling interests is set forth separately in the consolidated financial statements. The noncontrolling interests in consolidated properties for the three months ended March 31, 2014 and 2013 were as follows:
			2014			2013
	Noncontrolling interests balance January 1		$	3,548		$	3,535
	Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests			33			32
	Distributions to noncontrolling interests			(26	)		(29	)
	Noncontrolling interests balance at March 31		$	3,555		$	3,538
	The Company classifies redeemable noncontrolling interests in the Operating Partnership in the accompanying consolidated balance sheets outside of permanent equity because the Company may be required to pay cash to unitholders upon redemption of their interests in the Operating Partnership under certain circumstances, such as the delivery of registered shares upon conversion. The carrying amount of the redeemable noncontrolling interests in the Operating Partnership is required to be reflected at the greater of historical book value or redemption value with a corresponding adjustment to additional paid-in capital. As of March 31, 2014 and December 31, 2013, the redemption value of the redeemable noncontrolling interests exceeded the historical book value, and the balance was adjusted to redemption value.
	The redeemable noncontrolling interests in the Operating Partnership for the three months ended March 31, 2014 and 2013 were as follows:
			2014			2013
	Redeemable noncontrolling interests balance January 1		$	43,928		$	37,670
	Net income (loss) allocable to redeemable noncontrolling interests			112			(7	)
	Distributions declared to redeemable noncontrolling interests			(432	)		(381	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1			(35	)		53
	Exchange of redeemable noncontrolling interest for common stock			(44	)		(20	)
	Adjustment to redeemable noncontrolling interests - Operating Partnership and other			(3,678	)		8,677
	Redeemable noncontrolling interests balance at March 31		$	39,851		$	45,992
	____________________
	1	Represents the noncontrolling interests’ share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).
	The following sets forth accumulated other comprehensive income (loss) allocable to noncontrolling interests for the three months ended March 31, 2014 and 2013:
			2014			2013
	Accumulated comprehensive income (loss) balance at January 1		$	69		$	(456	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1			(35	)		53
	Accumulated comprehensive income (loss) balance at March 31		$	34		$	(403	)
	____________________
	1	Represents the noncontrolling interests’ share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).
	The Company allocates net operating results of the Operating Partnership after preferred dividends and noncontrolling interest in the consolidated properties based on the partners’ respective weighted average ownership interest. The Company adjusts the redeemable noncontrolling interests in the Operating Partnership at the end of each period to reflect their interests in the Operating Partnership. This adjustment is reflected in the Company’s shareholders’ equity. The Company’s and the limited partners’ weighted average interests in the Operating Partnership for the three months ended March 31, 2014 and 2013 were as follows:
			Three Months Ended March 31,
			2014			2013
	Company’s weighted average basic interest in Operating Partnership			95.2	%		92	%
	Limited partners' redeemable noncontrolling weighted average basic interests in Operating Partnership			4.8	%		8	%
	At both March 31, 2014 and December 31, 2013, the Company’s and the redeemable noncontrolling ownership interests in the Operating Partnership were 95.2% and 4.8%, respectively.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recently Issued Accounting Pronouncements
	In March 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-06, Technical Corrections and Improvements Related to Glossary Terms. The update represents changes to clarify the Master Glossary of the Codification, consolidate multiple instances of the same term into a single definition, or make minor improvements to the Master Glossary that are not expected to result in substantive changes to the application of existing guidance or create a significant administrative cost to most entities. The update does not provide transition guidance and is effective upon issuance. The Company adopted this accounting standard January 1, 2014, and the impact to the consolidated financial statements was not material.
	In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. The update improves the definition of discontinued operations by limiting discontinued operations reporting to disposals of components of an entity or assets that meet the criteria to be classified as held for sale and that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results. The update also requires expanded disclosures for discontinued operations and requires an entity to disclose the pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting in the period in which it is disposed of or is classified as held for sale and for all prior periods that are presented in the statement where net income is reported. The update is effective for annual periods beginning on or after December 15, 2014, with early adoption permitted. The Company adopted the standard in the first quarter. The impact to the consolidated financial statements was that current quarter disposals are not classified as discontinued operations. Further, all previous disposals have been classified in discontinued operations.

Note_2_Basis_of_Presentation_C1

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables)	3 Months Ended
	Mar. 31, 2014
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables) [Line Items]	'
Redeemable Noncontrolling Interest [Table Text Block]	'
		2014			2013
	Redeemable noncontrolling interests balance January 1	$	43,928		$	37,670
	Net income (loss) allocable to redeemable noncontrolling interests		112			(7	)
	Distributions declared to redeemable noncontrolling interests		(432	)		(381	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1		(35	)		53
	Exchange of redeemable noncontrolling interest for common stock		(44	)		(20	)
	Adjustment to redeemable noncontrolling interests - Operating Partnership and other		(3,678	)		8,677
	Redeemable noncontrolling interests balance at March 31	$	39,851		$	45,992
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Table Text Block]	'
		Three Months Ended March 31,
		2014			2013
	Company’s weighted average basic interest in Operating Partnership		95.2	%		92	%
	Limited partners' redeemable noncontrolling weighted average basic interests in Operating Partnership		4.8	%		8	%
Noncontrolling Interest [Member]	'
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables) [Line Items]	'
Schedule of Stockholders Equity [Table Text Block]	'
		2014			2013
	Noncontrolling interests balance January 1	$	3,548		$	3,535
	Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests		33			32
	Distributions to noncontrolling interests		(26	)		(29	)
	Noncontrolling interests balance at March 31	$	3,555		$	3,538
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	'
		2014			2013
	Accumulated comprehensive income (loss) balance at January 1	$	69		$	(456	)
	Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1		(35	)		53
	Accumulated comprehensive income (loss) balance at March 31	$	34		$	(403	)

Note_4_Mortgage_and_Other_Inde1

Note 4 - Mortgage and Other Indebtedness (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Participating Mortgage Loans [Table Text Block]	'
		Balance at
		March 31,			December 31,
		2014			2013
	Unsecured revolving credit facility	$	145,000		$	145,000
	Unsecured term loan		230,000			230,000
	Notes payable secured by properties under construction - variable rate		164,158			144,389
	Mortgage notes payable - fixed rate		271,242			276,504
	Mortgage notes payable - variable rate		60,871			61,185
	Net premiums on acquired debt		63			66
	Total mortgage and other indebtedness	$	871,334		$	857,144
Schedule of Debt [Table Text Block]	'
		Amount			Weighted Average Maturity (Years)		Weighted Average Interest Rate			Percentage
										of Total
	Fixed rate debt	$	271,242			4.2		5.76	%		31	%
	Floating rate debt (hedged to fixed)		326,702			3.9		3.28	%		37	%
	Total fixed rate debt, considering hedges		597,944			4		4.4	%		68	%
	Notes payable secured by properties under construction - variable rate		164,158			1.3		2.33	%		19	%
	Other variable rate debt		60,871			4.4		2.38	%		7	%
	Corporate unsecured variable rate debt		375,000			4.5		2.01	%		43	%
	Floating rate debt (hedged to fixed)		(326,702	)		-3.9		-2.14	%		-37	%
	Total variable rate debt, considering hedges		273,327			3.3		2.14	%		32	%
	Net premiums on acquired debt		63			N/A		N/A			N/A
	Total debt	$	871,334			3.8		3.69	%		100	%

Note_6_Derivative_Instruments_1

Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Tables)	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Comprehensive Income (Loss) [Table Text Block]	'
		Three months ended
		March 31,
		2014			2013
	Net income (loss) attributable to Kite Realty Group Trust common shareholders	$	2,218		$	(82	)
	Other comprehensive (loss) income allocable to Kite Realty Group Trust1		(667	)		602
	Comprehensive income attributable to Kite Realty Group Trust common shareholders	$	1,551		$	520

Note_8_Disposal_of_Operating_P1

Note 8 - Disposal of Operating Properties (Tables)	3 Months Ended
	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
		Three Months Ended
		March 31,
		2014			2013
	Operating income excluding depreciation and amortization		325			478
	Depreciation and amortization		(181	)		(217	)
	Interest expense		(165	)		(190	)
	Total pretax income	$	(21	)	$	71

Note_9_Property_Acquisition_Ta

Note 9 - Property Acquisition (Tables)	3 Months Ended
	Mar. 31, 2014
Disclosure Text Block Supplement [Abstract]	'
Schedule of Real Estate Properties [Table Text Block]	'
	Property Name	MSA	Acquisition Date	Acquisition Costs (Millions)
	Shoppes of Eastwood	Orlando, FL	Jan-13	$	11.6
	Cool Springs Market	Nashville, TN	Apr-13		37.6
	Castleton Crossing	Indianapolis, IN	May-13		39
	Toringdon Market	Charlotte, NC	Aug-13		15.9
	Nine Property Portfolio:		Nov-13	$	304
	Beechwood Promenade	Athens, GA
	Burnt Store Promenade	Punta Gorda, FL
	Hunter’s Creek Promenade	Orlando, FL
	Lakewood Promenade	Jacksonville, FL
	Northdale Promenade	Tampa, FL
	Kingwood Commons	Houston, TX
	Portofino Shopping Center	Houston, TX
	Clay Marketplace	Birmingham, AL
	Trussville Promenade	Birmingham, AL

Note_1_Organization_Details

Note 1 - Organization (Details)	Mar. 31, 2014
Note 1 - Organization (Details) [Line Items]	'
Number of Real Estate Properties	68
Retail Operating Properties [Member]	'
Note 1 - Organization (Details) [Line Items]	'
Number of Real Estate Properties	66
Commercial Operating Properties [Member]	'
Note 1 - Organization (Details) [Line Items]	'
Number of Real Estate Properties	2
In-Process Retail Development Properties [Member]	'
Note 1 - Organization (Details) [Line Items]	'
Number of Real Estate Properties	2

Note_2_Basis_of_Presentation_C2

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) [Line Items]	'	'
Variable Interest Entity, Number of Entities	3	'
Variable Interest Entity, Consolidated, Carrying Amount, Liabilities (in Dollars)	67.1	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets (in Dollars)	117.2	'
Operating Partnership [Member]	'	'
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) [Line Items]	'	'
Noncontrolling Interest, Ownership Percentage by Parent	95.20%	4.80%

Note_2_Basis_of_Presentation_C3

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Noncontrolling Interests (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Noncontrolling Interests [Line Items]	'	'
Noncontrolling interests balance January 1	$3,548	$3,535
Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests	139	25
Distributions to noncontrolling interests	-26	-29
Noncontrolling interests balance at March 31	3,555	3,538
Excluding Redeemable Non-Controlling Interests [Member]	'	'
Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Noncontrolling Interests [Line Items]	'	'
Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests	$33	$32

Note_2_Basis_of_Presentation_C4

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Redeemable Noncontrolling Interests (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Redeemable Noncontrolling Interest [Line Items]	'		'
Net income (loss) allocable to redeemable noncontrolling interests	$139		$25
Distributions declared to redeemable noncontrolling interests	-26		-29
Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1	-35	[1]	53	[1]
Redeemable Noncontrolling Interests [Member]	'		'
Redeemable Noncontrolling Interest [Line Items]	'		'
Redeemable noncontrolling interests balance	43,928		37,670
Net income (loss) allocable to redeemable noncontrolling interests	112		-7
Distributions declared to redeemable noncontrolling interests	-432		-381
Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1	-35	[1]	53	[1]
Exchange of redeemable noncontrolling interest for common stock	-44		-20
Adjustment to redeemable noncontrolling interests - Operating Partnership and other	-3,678		8,677
Redeemable noncontrolling interests balance	$39,851		$45,992
[1]	Represents the noncontrolling interests' share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).

Note_2_Basis_of_Presentation_C5

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Accumulated Other Comprehensive Loss Allocable to Noncontrolling Interests (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013		Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012
					Noncontrolling Interest [Member]	Noncontrolling Interest [Member]	Noncontrolling Interest [Member]	Noncontrolling Interest [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]	'		'		'	'	'	'
Accumulated comprehensive loss balance	$1,353		'		$34	$69	($403)	($456)
Other comprehensive (loss) income allocable to redeemable noncontrolling interests 1	-35	[1]	53	[1]	'	'	'	'
Accumulated comprehensive loss balance	$686		'		$34	$69	($403)	($456)
[1]	Represents the noncontrolling interests' share of the changes in the fair value of derivative instruments accounted for as cash flow hedges (see Note 6).

Note_2_Basis_of_Presentation_C6

Note 2 - Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Details) - Weighted Average Interests in Operating Partnership (Operating Partnership [Member])	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Operating Partnership [Member]	'	'
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]	'	'
Companybs weighted average basic interest in Operating Partnership	95.20%	92.00%
Limited partners' redeemable noncontrolling weighted average basic interests in Operating Partnership	4.80%	8.00%

Note_3_Earnings_Per_Share_Deta

Note 3 - Earnings Per Share (Details)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1.5	1.7

Note_4_Mortgage_and_Other_Inde2

Note 4 - Mortgage and Other Indebtedness (Details) (USD $)	1 Months Ended			3 Months Ended
	Mar. 31, 2014	Feb. 28, 2014	Jan. 31, 2014	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	0.15%	'	'	0.15%	'	'
Line of Credit Facility, Maximum Borrowing Capacity	$145,000,000	'	'	$145,000,000	'	'
Line of Credit Facility, Remaining Borrowing Capacity	49,800,000	'	'	49,800,000	'	'
Number of Real Estate Properties	68	'	'	68	'	'
Line of Credit Facility, Additional Borrowing Capacity	120,000,000	'	'	120,000,000	'	'
Long-term Debt	871,334,000	'	'	871,334,000	'	857,144,000
Letters of Credit Outstanding, Amount	5,200,000	'	'	5,200,000	'	'
Proceeds from Loans	'	'	'	41,329,000	48,784,000	'
Repayments of Long-term Debt	'	'	'	27,137,000	1,728,000	'
Proceeds from Unsecured Lines of Credit	'	14,700,000	'	'	'	'
Repayments of Unsecured Debt	14,700,000	'	'	'	'	'
Repayments of Debt	'	'	4,000,000	'	'	'
Proceeds from Construction Loans Payable	'	'	'	19,800,000	'	'
Long-term Debt, Percentage Bearing Fixed Interest, Amount	271,200,000	'	'	271,200,000	'	'
Long-term Debt, Percentage Bearing Variable Interest, Amount	600,000,000	'	'	600,000,000	'	'
In Addition [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Number of Real Estate Properties	4	'	'	4	'	'
Unencumbered [Member] | Wholly Owned Properties [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Number of Real Estate Properties	54	'	'	54	'	'
Long-term Debt	230,000,000	'	'	230,000,000	'	'
Unencumbered [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Number of Real Estate Properties	63	'	'	63	'	'
Line of Credit [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt	145,000,000	'	'	145,000,000	'	145,000,000
Line of Credit [Member] | Minimum [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	5.42%	'	'	5.42%	'	'
Line of Credit [Member] | Maximum [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	6.78%	'	'	6.78%	'	'
Beacon Hill [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Debt Instrument, Face Amount	6,900,000	'	'	6,900,000	'	'
Scheduled Principal Payments [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Repayments of Long-term Debt	'	'	'	1,500,000	'	'
Fixed Rate Debt [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt	271,242,000	'	'	271,242,000	'	'
Long-term Debt, Fair Value	287,100,000	'	'	287,100,000	'	'
Variable Rate Debt [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Long-term Debt, Fair Value	598,800,000	'	'	598,800,000	'	'
Revolving Credit Facility [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	200,000,000	'	'	200,000,000	'	'
Line of Credit Facility, Remaining Borrowing Capacity	$49,800,000	'	'	$49,800,000	'	'
Minimum [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	'	1.80%	'	'
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	1.80%	'	'	1.80%	'	'
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	2.78%	'	'	2.78%	'	'
Maximum [Member]	'	'	'	'	'	'
Note 4 - Mortgage and Other Indebtedness (Details) [Line Items]	'	'	'	'	'	'
Debt Instrument, Basis Spread on Variable Rate	'	'	'	2.94%	'	'
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	3.58%	'	'	3.58%	'	'
Long-term Debt, Percentage Bearing Fixed Interest, Percentage Rate	5.33%	'	'	5.33%	'	'

Note_4_Mortgage_and_Other_Inde3

Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Debt (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	$871,334	$857,144
Line of Credit [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	145,000	145,000
Unsecured Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	230,000	230,000
Construction Loans [Member] | Variable Rate Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	164,158	144,389
Mortgages [Member] | Variable Rate Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	60,871	61,185
Mortgages [Member] | Fixed Rate Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	271,242	276,504
Net Premiums On Acquired Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	63	66
Fixed Rate Debt [Member]	'	'
Participating Mortgage Loans [Line Items]	'	'
Mortgage and other indebtedness	$271,242	'

Note_4_Mortgage_and_Other_Inde4

Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	$871,334	$857,144
Weighted Average Maturity	'3 years 292 days	'
Weighted Average Interest Rate	3.69%	'
Percentage of Total	100.00%	'
Fixed Rate Debt [Member] | Floating Rate Debt (Hedged) [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	326,702	'
Weighted Average Maturity	'3 years 328 days	'
Weighted Average Interest Rate	3.28%	'
Percentage of Total	37.00%	'
Fixed Rate Debt [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	271,242	'
Weighted Average Maturity	'4 years 73 days	'
Weighted Average Interest Rate	5.76%	'
Percentage of Total	31.00%	'
Fixed Rate Debt, Considering Hedges [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	597,944	'
Weighted Average Maturity	'4 years	'
Weighted Average Interest Rate	4.40%	'
Percentage of Total	68.00%	'
Variable Rate Debt [Member] | Floating Rate Debt (Hedged) [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	-326,702	'
Weighted Average Maturity	'minus 3 years 328 days	'
Weighted Average Interest Rate	-2.14%	'
Percentage of Total	-37.00%	'
Variable Rate Debt [Member] | Construction Loans [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	164,158	144,389
Weighted Average Maturity	'1 year 109 days	'
Weighted Average Interest Rate	2.33%	'
Percentage of Total	19.00%	'
Variable Rate Debt [Member] | Notes Payable, Other Payables [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	60,871	'
Weighted Average Maturity	'4 years 146 days	'
Weighted Average Interest Rate	2.38%	'
Percentage of Total	7.00%	'
Variable Rate Debt [Member] | Corporate Debt Securities [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	375,000	'
Weighted Average Maturity	'4 years 6 months	'
Weighted Average Interest Rate	2.01%	'
Percentage of Total	43.00%	'
Variable Rate Debt, Considering Hedges [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	273,327	'
Weighted Average Maturity	'3 years 109 days	'
Weighted Average Interest Rate	2.14%	'
Percentage of Total	32.00%	'
Net Premiums On Acquired Debt [Member]	'	'
Note 4 - Mortgage and Other Indebtedness (Details) - Consolidated Indebtedness by Type of Interest Rate [Line Items]	'	'
Amount (in Dollars)	$63	$66
Weighted Average Maturity	'	'
Weighted Average Interest Rate	'	'
Percentage of Total	'	'

Note_5_Shareholders_Equity_Det

Note 5 - Shareholders' Equity (Details) (USD $)	3 Months Ended		2 Months Ended			1 Months Ended	3 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Feb. 28, 2014	Mar. 31, 2014
			Restricted Stock [Member]	Restricted Stock [Member]	Restricted Stock [Member]	Series A Preferred Stock [Member]	Equity Distribution Agreement [Member]
				Minimum [Member]	Maximum [Member]
Note 5 - Shareholders' Equity (Details) [Line Items]	'	'	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in Shares)	'	'	679,714	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	'	'	'	$5.92	$6.14	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'	'	'	'3 years	'5 years	'	'
Preferred Stock, Dividends, Per Share, Cash Paid	'	'	'	'	'	$0.52	'
Common Stock, Dividends, Per Share, Declared	$0.07	$0.06	'	'	'	'	'
Dividend Distribution Increase Percentage	8.30%	'	'	'	'	'	'
Common Stock Capital Shares Reserved For Future Issuance, Value (in Dollars)	'	'	'	'	'	'	$50
Stock Issued During Period, Shares, New Issues (in Shares)	'	'	'	'	'	'	0

Note_6_Derivative_Instruments_2

Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Derivative, Average Cap Interest Rate	3.28%	'	'
Interest Rate Fair Value Hedge Derivative at Fair Value, Net	$400,000	'	$1,100,000
Interest Expense	7,383,000	6,328,000	'
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	4,471,000	2,057,000	'
Reclassification out of Accumulated Other Comprehensive Income [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	900,000	600,000	'
Increase As Hedged Forecasted Interest Payments Occur [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Interest Expense	3,700,000	'	'
Accrued Interest [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Interest Rate Fair Value Hedge Derivative at Fair Value, Net	300,000	'	300,000
Prepaid Expenses and Other Current Assets [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Interest Rate Fair Value Hedge Asset at Fair Value	2,100,000	'	2,800,000
Accounts Payable and Accrued Liabilities [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Interest Rate Fair Value Hedge Liability at Fair Value	1,700,000	'	1,700,000
Cash Flow Hedge [Member]	'	'	'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) [Line Items]	'	'	'
Derivative, Notional Amount	$326,700,000	'	'

Note_6_Derivative_Instruments_3

Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) - Comprehensive Income (Loss) Allocable to the Company (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014		Mar. 31, 2013
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) - Comprehensive Income (Loss) Allocable to the Company [Line Items]	'		'
Net income (loss) attributable to Kite Realty Group Trust common shareholders	$2,218		($82)
Other comprehensive (loss) income allocable to Kite Realty Group Trust1	-667	[1]	602	[1]
Comprehensive income attributable to Kite Realty Group Trust common shareholders	3,665		2,634
Attributable to Common Shareholders [Member]	'		'
Note 6 - Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) - Comprehensive Income (Loss) Allocable to the Company [Line Items]	'		'
Comprehensive income attributable to Kite Realty Group Trust common shareholders	$1,551		$520
[1]	Reflects the Company's share of the net change in the fair value of derivative instruments accounted for as cash flow hedges.

Note_7_Commitments_and_Conting1

Note 7 - Commitments and Contingencies (Details) (USD $)	Mar. 31, 2014
In Millions, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]	'
Special Assessment Bond	$35
Loss Contingency, Range of Possible Loss, Maximum	0.4
Letters of Credit Outstanding, Amount	$5.20

Note_8_Disposal_of_Operating_P2

Note 8 - Disposal of Operating Properties (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Proceeds from Divestiture of Businesses	$35.20
Gain (Loss) on Disposition of Real Estate, Discontinued Operations	$6.80

Note_8_Disposal_of_Operating_P3

Note 8 - Disposal of Operating Properties (Details) - Relevant Financial Information Attributable To Each Sold Property (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Relevant Financial Information Attributable To Each Sold Property [Abstract]	'	'
Operating income excluding depreciation and amortization	$325	$478
Depreciation and amortization	-181	-217
Interest expense	-165	-190
Total pretax income	($21)	$71

Note_9_Property_Acquisition_De

Note 9 - Property Acquisition (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Note 9 - Property Acquisition (Details) [Line Items]	'
Proceeds from Issuance or Sale of Equity	$314
Texas, Florida, Georgia, and Alabama [Member]	'
Note 9 - Property Acquisition (Details) [Line Items]	'
Operating Properties Acquired	13

Note_9_Property_Acquisition_De1

Note 9 - Property Acquisition (Details) - Property Acquisitions (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Shoppes Of Eastwood [Member]	'
Real Estate Properties [Line Items]	'
Acquisition Costs	$11.60
Cool Springs Market [Member]	'
Real Estate Properties [Line Items]	'
Acquisition Costs	37.6
Castleton Crossing [Member]	'
Real Estate Properties [Line Items]	'
Acquisition Costs	39
Toringdon Market [Member]	'
Real Estate Properties [Line Items]	'
Acquisition Costs	15.9
Nine Property Portfolio [Member]	'
Real Estate Properties [Line Items]	'
Acquisition Costs	$304

Note_10_Development_and_Redeve1

Note 10 - Development and Redevelopment Activities (Details) (USD $)	3 Months Ended	1 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2013	Jul. 31, 2013
	Bolton Plaza [Member]	Kings Lake Square [Member]
Note 10 - Development and Redevelopment Activities (Details) [Line Items]	'	'
Depreciation	$0.80	$2.50

Note_12_Inland_Diversified_Mer1

Note 12 - Inland Diversified Merger (Details) (USD $)	Mar. 31, 2014	Feb. 09, 2014	Feb. 09, 2014	Feb. 09, 2014	Feb. 09, 2014	Feb. 09, 2014	Dec. 31, 2013
In Billions, except Per Share data, unless otherwise specified		Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Inland Diversified Real Estate Trust, Inc [Member]	Inland Diversified Real Estate Trust, Inc [Member]
		Reference Price Equal to or Less Than $6.36 [Member]	Reference Price, Between 3.36 and 6.58 [Member]	Reference Price Greater Than $6.58 [Member]	Inland Diversified Real Estate Trust, Inc [Member]
		Inland Diversified Real Estate Trust, Inc [Member]	Inland Diversified Real Estate Trust, Inc [Member]	Inland Diversified Real Estate Trust, Inc [Member]
Note 12 - Inland Diversified Merger (Details) [Line Items]	'	'	'	'	'	'	'
Business Combination, Consideration Transferred (in Dollars)	'	'	'	'	'	$2.10	'
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities (in Dollars)	'	'	'	'	'	$0.90	'
Number of Real Estate Properties	68	'	'	'	'	'	59
Real Estate Properties, Percent Leased	'	'	'	'	'	'	96.20%
Business Combination, Shares Issued in Exchange, Per Share	'	$1.71	'	$1.65	'	'	'
Reference Price Threshold, Lower	'	'	'	'	$6.36	'	'
Reference Price Threshold, Higher	'	'	'	'	$6.58	'	'
Numerator for Stock Exchange Ratio	'	'	$10.85	'	'	'	'