Kite Realty Group Trust (KRG) 10-K 26 Feb 16 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 22, 2016	Jun. 30, 2015
Entity Information [Line Items]
Entity Registrant Name	KITE REALTY GROUP TRUST
Entity Central Index Key	1,286,043
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		83,408,604
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 2,000,000,000
Kite Realty Group, LP
Entity Information [Line Items]
Entity Registrant Name	KITE REALTY GROUP, L.P.
Entity Central Index Key	1,636,315
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		0
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 0

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets:
Investment properties, at cost	$ 3,933,140	$ 3,732,748
Less: accumulated depreciation	(432,295)	(315,093)
Real estate investment property, net	3,500,845	3,417,655
Cash and cash equivalents	33,880	43,826
Tenant and other receivables	51,101	48,097
Restricted cash and escrow deposits	13,476	16,171
Deferred costs and intangibles, net	157,884	159,978
Prepaid and other assets	8,852	8,847
Assets held for sale	0	179,642
Total Assets	3,766,038	3,874,216
Liabilities and Equity:
Mortgage and other indebtedness	1,734,059	1,554,263
Accounts payable and accrued expenses	81,356	75,150
Deferred revenue and intangibles, net and other liabilities	131,559	136,409
Liabilities held for sale	0	81,164
Total Liabilities	1,946,974	1,846,986
Commitments and contingencies	0	0
Limited partners' interests in Operating Partnership and other redeemable noncontrolling interests	92,315	125,082
Kite Realty Group Trust Shareholders’ Equity
Preferred Shares	0	102,500
Common Shares	833	835
Additional paid in capital and other	2,050,545	2,044,425
Accumulated other comprehensive loss	(2,145)	(1,175)
Accumulated deficit	(323,257)	(247,801)
Total Kite Realty Group Trust Shareholders’ Equity	1,725,976	1,898,784
Noncontrolling Interests	773	3,364
Total Equity	1,726,749	1,902,148
Total Liabilities and Equity	3,766,038	3,874,216
Kite Realty Group, LP
Assets:
Investment properties, at cost	3,933,140	3,732,748
Less: accumulated depreciation	(432,295)	(315,093)
Real estate investment property, net	3,500,845	3,417,655
Cash and cash equivalents	33,880	43,826
Tenant and other receivables	51,101	48,097
Restricted cash and escrow deposits	13,476	16,171
Deferred costs and intangibles, net	157,884	159,978
Prepaid and other assets	8,852	8,847
Assets held for sale	0	179,642
Total Assets	3,766,038	3,874,216
Liabilities and Equity:
Mortgage and other indebtedness	1,734,059	1,554,263
Accounts payable and accrued expenses	81,356	75,150
Deferred revenue and intangibles, net and other liabilities	131,559	136,409
Liabilities held for sale	0	81,164
Total Liabilities	1,946,974	1,846,986
Commitments and contingencies	0	0
Limited partners' interests in Operating Partnership and other redeemable noncontrolling interests	92,315	125,082
Kite Realty Group Trust Shareholders’ Equity
Preferred Shares	0	102,500
Common Shares	1,728,121	1,797,459
Accumulated other comprehensive loss	(2,145)	(1,175)
Total Kite Realty Group Trust Shareholders’ Equity	1,725,976	1,898,784
Noncontrolling Interests	773	3,364
Total Equity	1,726,749	1,902,148
Total Liabilities and Equity	$ 3,766,038	$ 3,874,216

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accrued straight-line rent (in Dollars)	$ 23,809	$ 18,630
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	0	4,100,000
Preferred Shares, shares outstanding (in shares)	0	4,100,000
Common Shares, par value (in Dollars per share)	$ 0.01	$ 0.01
Common shares, shares authorized (in shares)	225,000,000	450,000,000
Common Shares, shares issued	83,334,865	83,490,663
Common shares outstanding (in shares)	83,334,865	83,490,663
Kite Realty Group, LP
Accrued straight-line rent (in Dollars)	$ 23,809	$ 18,630
Preferred Shares, shares issued	0	4,100,000
Preferred Shares, shares outstanding (in shares)	0	4,100,000
Common Shares, shares issued	83,334,865	83,490,663
Common shares outstanding (in shares)	83,334,865	83,490,663

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue:
Minimum rent	$ 263,794	$ 199,455	$ 93,637
Tenant reimbursements	70,235	52,773	24,422
Other property related revenue	12,976	7,300	11,429
Total revenue	347,005	259,528	129,488
Expenses:
Property operating	49,973	38,703	21,729
Real estate taxes	40,904	29,947	15,263
General, administrative, and other	18,709	13,043	8,211
Merger and acquisition costs	1,550	27,508	2,214
Non-cash gain from release of assumed earnout liability	(4,832)	0	0
Impairment charge	1,592	0	0
Depreciation and amortization	167,312	120,998	54,479
Total expenses	275,208	230,199	101,896
Operating income	71,797	29,329	27,592
Interest expense	(56,432)	(45,513)	(27,994)
Income tax expense of taxable REIT subsidiary	(186)	(24)	(262)
Non-cash gain on debt extinguishment	5,645	0	0
Gain on settlement	4,520	0	0
Other expense, net	(95)	(244)	(62)
Income (loss) from continuing operations	25,249	(16,452)	(726)
Discontinued operations:
Operating income from discontinued operations	0	0	834
Impairment charge	0	0	(5,372)
Non-cash gain on debt extinguishment	0	0	1,242
Gain on sales of operating properties, net	0	3,198	487
Income (loss) from discontinued operations	0	3,198	(2,809)
Income (loss) before gain on sale of operating properties	25,249	(13,254)	(3,535)
Gain on sale of operating properties, net	4,066	8,578	0
Consolidated net income (loss)	29,315	(4,676)	(3,535)
Net (income) loss attributable to noncontrolling interests	(2,198)	(1,025)	685
Net income (loss) attributable to Kite Realty Group Trust	27,117	(5,701)	(2,850)
Dividends on preferred shares	(7,877)	(8,456)	(8,456)
Non-cash adjustment for redemption of preferred shares	(3,797)	0	0
Net income (loss) attributable to common shareholders	$ 15,443	$ (14,157)	$ (11,306)
Net income (loss) per common share – basic:
Income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	$ 0.19	$ (0.29)	$ (0.37)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0	0.05	(0.11)
Net income (loss) attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0.19	(0.24)	(0.48)
Net income (loss) per common share – diluted:
Income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0.18	(0.29)	(0.37)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0	0.05	(0.11)
Net income (loss) attributable to Kite Realty Group Trust common shareholders (in dollars per share)	$ 0.18	$ (0.24)	$ (0.48)
Weighted average common shares outstanding - basic (in shares)	83,421,904	58,353,448	23,535,434
Weighted average common shares outstanding - diluted (in shares)	83,534,381	58,353,448	23,535,434
Dividends declared per common share (in dollars per share)	$ 1.09	$ 1.02	$ 0.96
Net income (loss) attributable to Kite Realty Group Trust common shareholders:
Income (loss) from continuing operations	$ 15,443	$ (17,268)	$ (8,686)
Income (loss) from discontinued operations	0	3,111	(2,620)
Change in fair value of derivatives	(995)	(2,621)	7,136
Total comprehensive income (loss)	28,320	(7,297)	3,601
Comprehensive (income) loss attributable to noncontrolling interests	(2,173)	(932)	161
Comprehensive income (loss) attributable to Kite Realty Group Trust	26,147	(8,229)	3,762
Kite Realty Group, LP
Revenue:
Minimum rent	263,794	199,455	93,637
Tenant reimbursements	70,235	52,773	24,422
Other property related revenue	12,976	7,300	11,429
Total revenue	347,005	259,528	129,488
Expenses:
Property operating	49,973	38,703	21,729
Real estate taxes	40,904	29,947	15,263
General, administrative, and other	18,709	13,043	8,211
Merger and acquisition costs	1,550	27,508	2,214
Non-cash gain from release of assumed earnout liability	(4,832)	0	0
Impairment charge	1,592	0	0
Depreciation and amortization	167,312	120,998	54,479
Total expenses	275,208	230,199	101,896
Operating income	71,797	29,329	27,592
Interest expense	(56,432)	(45,513)	(27,994)
Income tax expense of taxable REIT subsidiary	(186)	(24)	(262)
Non-cash gain on debt extinguishment	5,645	0	0
Gain on settlement	4,520	0	0
Other expense, net	(95)	(244)	(62)
Income (loss) from continuing operations	25,249	(16,452)	(726)
Discontinued operations:
Operating income from discontinued operations	0	0	834
Impairment charge	0	0	(5,372)
Non-cash gain on debt extinguishment	0	0	1,242
Gain on sales of operating properties, net	0	3,198	487
Income (loss) from discontinued operations	0	3,198	(2,809)
Income (loss) before gain on sale of operating properties	25,249	(13,254)	(3,535)
Gain on sale of operating properties, net	4,066	8,578	0
Consolidated net income (loss)	29,315	(4,676)	(3,535)
Net (income) loss attributable to noncontrolling interests	(1,854)	(1,435)	(121)
Net income (loss) attributable to Kite Realty Group Trust	23,320	(5,701)	(2,850)
Dividends on preferred shares	(7,877)	(8,456)	(8,456)
Non-cash adjustment for redemption of preferred shares	(3,797)	0	0
Net income (loss) attributable to common shareholders	15,787	(14,567)	(12,112)
Allocation of net income (loss):
Limited Partners	344	(410)	(806)
Parent Company	$ 15,443	$ (14,157)	$ (11,306)
Net income (loss) per common share – basic:
Income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	$ 0.19	$ (0.29)	$ (0.37)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0	0.05	(0.11)
Net income (loss) attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0.19	(0.24)	(0.48)
Net income (loss) per common share – diluted:
Income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0.19	(0.29)	(0.37)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders (in dollars per share)	0	0.05	(0.11)
Net income (loss) attributable to Kite Realty Group Trust common shareholders (in dollars per share)	$ 0.19	$ (0.24)	$ (0.48)
Weighted average common shares outstanding - basic (in shares)	85,219,827	60,010,480	25,217,287
Weighted average common shares outstanding - diluted (in shares)	85,332,303	60,250,900	25,278,273
Dividends declared per common share (in dollars per share)	$ 1.09	$ 1.02	$ 0.96
Net income (loss) attributable to Kite Realty Group Trust common shareholders:
Income (loss) from continuing operations	$ 15,787	$ (17,765)	$ (9,303)
Income (loss) from discontinued operations	0	3,198	(2,809)
Change in fair value of derivatives	(995)	(2,621)	7,136
Total comprehensive income (loss)	28,320	(7,297)	3,601
Comprehensive (income) loss attributable to noncontrolling interests	(1,854)	(1,435)	(121)
Comprehensive income (loss) attributable to Kite Realty Group Trust	$ 26,466	$ (8,732)	$ 3,480

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive (Loss) Income	Accumulated Deficit
Beginning balances (in shares) at Dec. 31, 2012		4,100,000	19,432,174
Beginning balances at Dec. 31, 2012	$ 473,484	$ 102,500	$ 194	$ 514,093	$ (5,259)	$ (138,044)
Issuance of common shares, net (in shares)			13,081,250
Issuance of common shares, net	313,898		$ 131	313,767
Common shares issued under employee share purchase plan (in shares)			934
Common shares issued under employee share purchase plan	22			22
Stock compensation activity (in shares)			169,696
Stock compensation activity	2,510		$ 2	2,508
Other comprehensive loss attributable to Kite Realty Group Trust	6,612				6,612
Distributions declared to common shareholders	(23,780)					(23,780)
Dividends on preferred shares	(8,456)					(8,456)
Net income attributable to Kite Realty Group Trust	(2,850)					(2,850)
Exchange of redeemable noncontrolling interests for common shares (in shares)			22,500
Exchange of redeemable noncontrolling interests for common shares	582			582
Adjustment to redeemable noncontrolling interests	(8,465)			(8,465)
Ending balances (in shares) at Dec. 31, 2013		4,100,000	32,706,554
Ending balances at Dec. 31, 2013	753,557	$ 102,500	$ 327	822,507	1,353	(173,130)
Common shares issued under employee share purchase plan (in shares)			1,812
Common shares issued under employee share purchase plan	46			46
Common shares issued as part of Merger, net of offering costs (in shares)			50,272,308
Common shares issued as part of Merger, net of offering costs	1,233,187		$ 503	1,232,684
Common shares retired in connection with reverse share split (in shares)			(2,436)
Common shares retired in connection with reverse share split	(60)			(60)
Stock compensation activity (in shares)			490,425
Stock compensation activity	3,299		$ 5	3,294
Other comprehensive loss attributable to Kite Realty Group Trust	(2,528)				(2,528)
Distributions declared to common shareholders	(60,514)					(60,514)
Dividends on preferred shares	(8,456)					(8,456)
Net income attributable to Kite Realty Group Trust	(5,701)					(5,701)
Exchange of redeemable noncontrolling interests for common shares (in shares)			22,000
Exchange of redeemable noncontrolling interests for common shares	567			567
Adjustment to redeemable noncontrolling interests	(14,613)			(14,613)
Ending balances (in shares) at Dec. 31, 2014		4,100,000	83,490,663
Ending balances at Dec. 31, 2014	1,898,784	$ 102,500	$ 835	2,044,425	(1,175)	(247,801)
Stock compensation activity (in shares)			173,798
Stock compensation activity	3,742		$ (2)	3,744
Other comprehensive loss attributable to Kite Realty Group Trust	(970)				(970)
Distributions declared to common shareholders	(90,899)					(90,899)
Dividends on preferred shares	(7,877)					(7,877)
Redemption of preferred shares (in shares)		(4,100,000)
Redemption of preferred shares	(102,500)	$ (102,500)		3,797		(3,797)
Net income attributable to Kite Realty Group Trust	27,117					27,117
Acquisition of partners' interests in consolidated joint ventures	1,445			1,445
Exchange of redeemable noncontrolling interests for common shares (in shares)			18,000
Exchange of redeemable noncontrolling interests for common shares	487			487
Adjustment to redeemable noncontrolling interests	(3,353)			(3,353)
Ending balances (in shares) at Dec. 31, 2015		0	83,334,865
Ending balances at Dec. 31, 2015	$ 1,725,976	$ 0	$ 833	$ 2,050,545	$ (2,145)	$ (323,257)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flow from operating activities:
Consolidated net income (loss)	$ 29,315	$ (4,676)	$ (3,535)
Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:
Gain on sale of operating properties, net of tax	(4,066)	(11,776)	(487)
Impairment charge	1,592	0	5,372
Gain on debt extinguishment	(5,645)	0	(1,242)
Straight-line rent	(5,638)	(4,744)	(3,496)
Depreciation and amortization	170,521	123,862	57,757
Provision for credit losses, net of recoveries	4,331	1,740	922
Compensation expense for equity awards	4,580	2,914	1,932
Amortization of debt fair value adjustment	(5,834)	(3,468)	(127)
Amortization of in-place lease liabilities	(3,347)	(4,521)	(2,674)
Non-cash gain from release of assumed earnout liability	(4,832)	0	0
Changes in assets and liabilities:
Tenant receivables	(1,510)	(10,044)	(1,690)
Deferred costs and other assets	(6,646)	(5,355)	(9,062)
Accounts payable, accrued expenses, deferred revenue, and other liabilities	(903)	(41,375)	8,688
Payments on assumed earnout liability	(2,581)	0	0
Net cash provided by operating activities	169,337	42,557	52,358
Cash flow from investing activities:
Acquisitions of interests in properties	(166,411)	(22,506)	(407,215)
Capital expenditures, net	(92,564)	(94,553)	(112,581)
Net proceeds from sales of operating properties	170,016	191,126	7,293
Net proceeds from sales of marketable securities acquired from Merger	0	18,601	0
Net cash received from Merger	0	108,666	0
Change in construction payables	4,562	(14,950)	(2,396)
Collection of note receivable	0	542	0
Net cash (used in) provided by investing activities	(84,397)	186,926	(514,899)
Cash flow from financing activities:
Common share issuance proceeds, net of costs	0	0	314,771
Payments for redemption of preferred shares	(102,500)	0	0
Repurchases of common shares upon the vesting of restricted shares	(1,002)	(378)	(261)
Offering costs	0	(1,966)	0
Purchase of redeemable noncontrolling interests	(33,998)	0	0
Loan proceeds	984,303	146,495	528,590
Loan transaction costs	(4,913)	(4,270)	(2,138)
Loan payments	(835,019)	(285,244)	(342,033)
Distributions paid – common shareholders	(89,379)	(46,656)	(20,594)
Distributions paid – preferred shareholders	(8,582)	(8,456)	(8,456)
Net cash (used in) provided by financing activities	(94,886)	(203,791)	468,192
(Decrease) increase in cash and cash equivalents	(9,946)	25,692	5,651
Cash and cash equivalents, beginning of year	43,826	18,134	12,483
Cash and cash equivalents, end of year	33,880	43,826	18,134
Supplemental disclosures
Cash paid for interest, net of capitalized interest	61,306	48,526	31,577
Cash paid for taxes	281	87	45
Redeemable Noncontrolling Interests
Cash flow from financing activities:
Distributions to noncontrolling interests	(3,681)	(2,992)	(1,579)
Noncontrolling Interests in Properties
Cash flow from financing activities:
Distributions to noncontrolling interests	(115)	(324)	(108)
Kite Realty Group, LP
Cash flow from operating activities:
Consolidated net income (loss)	29,315	(4,676)	(3,535)
Adjustments to reconcile consolidated net income (loss) to net cash provided by operating activities:
Gain on sale of operating properties, net of tax	(4,066)	(11,776)	(487)
Impairment charge	1,592	0	5,372
Gain on debt extinguishment	(5,645)	0	(1,242)
Straight-line rent	(5,638)	(4,744)	(3,496)
Depreciation and amortization	170,521	123,862	57,757
Provision for credit losses, net of recoveries	4,331	1,740	922
Compensation expense for equity awards	4,580	2,914	1,932
Amortization of debt fair value adjustment	(5,834)	(3,468)	(127)
Amortization of in-place lease liabilities	(3,347)	(4,521)	(2,674)
Non-cash gain from release of assumed earnout liability	(4,832)	0	0
Changes in assets and liabilities:
Tenant receivables	(1,510)	(10,044)	(1,690)
Deferred costs and other assets	(6,646)	(5,355)	(9,062)
Accounts payable, accrued expenses, deferred revenue, and other liabilities	(903)	(41,375)	8,688
Payments on assumed earnout liability	(2,581)	0	0
Net cash provided by operating activities	169,337	42,557	52,358
Cash flow from investing activities:
Acquisitions of interests in properties	(166,411)	(22,506)	(407,215)
Capital expenditures, net	(92,564)	(94,553)	(112,581)
Net proceeds from sales of operating properties	170,016	191,126	7,293
Net proceeds from sales of marketable securities acquired from Merger	0	18,601	0
Net cash received from Merger	0	108,666	0
Change in construction payables	4,562	(14,950)	(2,396)
Collection of note receivable	0	542	0
Net cash (used in) provided by investing activities	(84,397)	186,926	(514,899)
Cash flow from financing activities:
Common share issuance proceeds, net of costs	0	0	314,771
Payments for redemption of preferred shares	(102,500)	0	0
Repurchases of common shares upon the vesting of restricted shares	(1,002)	(378)	(261)
Offering costs	0	(1,966)	0
Purchase of redeemable noncontrolling interests	(33,998)	0	0
Loan proceeds	984,303	146,495	528,590
Loan transaction costs	(4,913)	(4,270)	(2,138)
Loan payments	(835,019)	(285,244)	(342,033)
Distributions paid – common shareholders	(89,379)	(46,656)	(20,594)
Distributions paid – preferred shareholders	(8,582)	(8,456)	(8,456)
Net cash (used in) provided by financing activities	(94,886)	(203,791)	468,192
(Decrease) increase in cash and cash equivalents	(9,946)	25,692	5,651
Cash and cash equivalents, beginning of year	43,826	18,134	12,483
Cash and cash equivalents, end of year	33,880	43,826	18,134
Supplemental disclosures
Cash paid for interest, net of capitalized interest	61,306	48,526	31,577
Cash paid for taxes	281	87	45
Kite Realty Group, LP | Redeemable Noncontrolling Interests
Cash flow from financing activities:
Distributions to noncontrolling interests	(3,681)	(2,992)	(1,579)
Kite Realty Group, LP | Noncontrolling Interests in Properties
Cash flow from financing activities:
Distributions to noncontrolling interests	$ (115)	$ (324)	$ (108)

Consolidated Statements of Part

Consolidated Statements of Partners' Equity Statement - USD ($) $ in Thousands	Total	Kite Realty Group, LP	Kite Realty Group, LPGeneral PartnerCommon Stock	Kite Realty Group, LPGeneral PartnerPreferred Stock	Kite Realty Group, LPGeneral PartnerAccumulated Other Comprehensive (Loss) Income
Beginning balance at Dec. 31, 2012		$ 473,484	$ 376,243	$ 102,500	$ (5,259)
Stock compensation activity		2,510	2,510
Capital contribution from Parent Company		313,920	313,920
Other comprehensive income attributable to Parent Company		6,612			6,612
Distributions declared to Parent Company		(23,780)	(23,780)
Distributions to preferred unitholders	$ (8,456)	(8,456)		(8,456)
Net income	(2,850)	(2,850)	(11,306)	8,456
Conversion of Limited Partner Units to shares of the Parent Company		582	582
Adjustment to redeemable noncontrolling interests		(8,465)	(8,465)
Ending balance at Dec. 31, 2013		753,557	649,704	102,500	1,353
Stock compensation activity		3,299	3,299
Common units retired in connection with reverse share split		(60)	(60)
Other comprehensive income attributable to Parent Company		(2,528)			(2,528)
Distributions declared to Parent Company		(60,514)	(60,514)
Distributions to preferred unitholders	(8,456)	(8,456)		(8,456)
Net income	(5,701)	(5,701)	(14,157)	8,456
Acquisition of partners' interests in consolidated joint ventures		1,233,233	1,233,233
Conversion of Limited Partner Units to shares of the Parent Company		567	567
Adjustment to redeemable noncontrolling interests		(14,613)	(14,613)
Ending balance at Dec. 31, 2014		1,898,784	1,797,459	102,500	(1,175)
Stock compensation activity		3,742	3,742
Other comprehensive income attributable to Parent Company		(970)			(970)
Distributions declared to Parent Company		(90,899)	(90,899)
Distributions to preferred unitholders	(7,877)	(7,877)		(7,877)
Redemption of preferred units	(102,500)	(98,703)	3,797	(102,500)
Net income	27,117	23,320	15,443	7,877
Acquisition of partners' interests in consolidated joint ventures	$ 1,445	1,445	1,445
Conversion of Limited Partner Units to shares of the Parent Company		487	487
Adjustment to redeemable noncontrolling interests		(3,353)	(3,353)
Ending balance at Dec. 31, 2015		$ 1,725,976	$ 1,728,121	$ 0	$ (2,145)

Organization

Organization	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Kite Realty Group Trust (the "Parent Company"), through its majority-owned subsidiary, Kite Realty Group, L.P. (the “Operating Partnership”), owns interests in various operating subsidiaries and joint ventures engaged in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in selected markets in the United States. The terms "Company," "we," "us," and "our" refer to the Parent Company and the Operating Partnership, collectively, and those entities owned or controlled by the Parent Company and/or the Operating Partnership. The Operating Partnership was formed on August 16, 2004, when the Parent Company contributed properties and the net proceeds from an initial public offering of shares of its common stock to the Operating Partnership. The Parent Company was organized in Maryland in 2004 to succeed in the development, acquisition, construction and real estate businesses of its predecessor. We believe the Company qualifies as a real estate investment trust (a “REIT”) under provisions of the Internal Revenue Code of 1986, as amended. The Parent Company is the sole general partner of the Operating Partnership, and as of December 31, 2015 owned approximately 97.8% of the common partnership interests in the Operating Partnership (“General Partner Units”). The remaining 2.2% of the common partnership interests (“Limited Partner Units” and, together with the General Partner Units, the “Common Units”) are owned by the limited partners. As the sole general partner of the Operating Partnership, the Parent Company has full, exclusive and complete responsibility and discretion in the day-to-day management and control of the Operating Partnership. The Parent Company and the Operating Partnership are operated as one enterprise. The management of the Parent Company consists of the same members as the management of the Operating Partnership. As the sole general partner with control of the Operating Partnership, the Parent Company consolidates the Operating Partnership for financial reporting purposes, and the Parent Company does not have any significant assets other than its investment in the Operating Partnership. On July 1, 2014, we completed a merger (the "Merger") with Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”), in which Inland Diversified merged with and into a wholly-owned subsidiary of ours. Upon completion of the Merger with Inland Diversified, we acquired 60 operating properties. Subsequent to the Merger, we sold 15 of these properties in November and December 2014 and March 2015. At December 31, 2015 , we owned interests in 118 operating and redevelopment properties consisting of 110 retail properties, six retail redevelopment properties, one office operating property and an associated parking garage. We also owned three development properties under construction as of this date. At December 31, 2014 , we owned interests in 123 operating and redevelopment properties consisting of 118 retail properties, of which seven were classified as held for sale, three retail redevelopment properties, one office operating property and an associated parking garage. We also owned four development properties under construction as of this date.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported period. Actual results could differ from these estimates. Components of Investment Properties The Company’s investment properties, excluding properties held for sale, as of December 31, 2015 and December 31, 2014 were as follows: ($ in thousands) Balance at December 31, December 31, Investment properties, at cost: Land $ 805,646 $ 778,780 Buildings and improvements 2,946,976 2,785,780 Furniture, equipment and other 6,960 6,398 Land held for development 34,975 35,907 Construction in progress 138,583 125,883 $ 3,933,140 $ 3,732,748 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: • our 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 December 31, 2015 , we had an investment in one joint venture that is a VIE in which we are the primary beneficiary. As of this date, the VIE had total debt of $56.8 million which is secured by assets of the VIE totaling $107.2 million . The Operating Partnership guarantees the debt of the VIE. We consider all relationships between the Company and the VIE, including development agreements, management agreements and other contractual arrangements, in determining whether we have the power to direct the activities of the VIE that most significantly affect the VIE’s performance. We also continuously reassess primary beneficiary status. During the twelve months ended December 31, 2015 , 2014 and 2013 there were no changes to our conclusions regarding whether an entity qualifies as a VIE or whether we are the primary beneficiary of any previously identified VIE. Beacon Hill In June 2015, we acquired our partner's interest in our Beacon Hill operating property. The transaction was accounted for as an equity transaction as we retained our controlling financial interest. Cornelius Gateway In December 2015, we sold our Cornelius Gateway operating property that was owned in a consolidated joint venture. The loss, which was not material and is included in "gain on sale of operating properties, net" in the accompanying consolidated statement of operations, was allocated 80% and 20% between us and our partner in accordance with the joint venture's operating agreement. Acquisition of Real Estate Properties Upon acquisition of real estate operating properties, we estimate the fair value of acquired identifiable tangible assets and identified intangible assets and liabilities, assumed debt, and any noncontrolling interest in the acquiree at the date of acquisition, based on evaluation of information and estimates available at that date. Based on these estimates, we record the estimated fair value to the applicable assets and liabilities. In making estimates of fair values, a number of sources are utilized, including information obtained as a result of pre-acquisition due diligence, marketing and leasing activities. The estimates of fair value were determined to have primarily relied upon Level 2 and Level 3 inputs. Fair value is determined for tangible assets and intangibles, including: • the fair value of the building on an as-if-vacant basis and the fair value of land determined either by comparable market data, real estate tax assessments, independent appraisals or other relevant data; • above-market and below-market in-place lease values for acquired properties, which are based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over the remaining non-cancelable term of the leases. Any below-market renewal options are also considered in the in-place lease values. The capitalized above-market and below-market lease values are amortized as a reduction of or addition to rental income over the term of the lease. Should a tenant vacate, terminate its lease, or otherwise notify us of its intent to do so, the unamortized portion of the lease intangibles would be charged or credited to income; • the value of leases acquired. We utilize independent and internal sources for our estimates to determine the respective in-place lease values. Our estimates of value are made using methods similar to those used by independent appraisers. Factors we consider in our analysis include an estimate of costs to execute similar leases including tenant improvements, leasing commissions and foregone costs and rent received during the estimated lease-up period as if the space was vacant. The value of in-place leases is amortized to expense over the remaining initial terms of the respective leases; and • the fair value of any assumed financing that is determined to be above or below market terms. We utilize third party and independent sources for our estimates to determine the respective fair value of each mortgage payable. The fair market value of each mortgage payable is amortized to interest expense over the remaining initial terms of the respective loan. We also consider whether there is any value to in-place leases that have a related customer relationship intangible value. Characteristics the Company considers in determining these values include the nature and extent of existing business relationships with the tenant, growth prospects for developing new business with the tenant, the tenant’s credit quality, and expectations of lease renewals, among other factors. To date, a tenant relationship has not been developed that is considered to have a current intangible value. We finalize the measurement period of our business combinations when all facts and circumstances are understood, but in no circumstances to exceed one year. Certain properties we acquired from the Merger included earnout components to the purchase price, meaning Inland Diversified did not pay a portion of the purchase price of the property at closing, although they owned the entire property. We are not obligated to pay the contingent portion of the purchase prices unless space which was vacant at the time of acquisition is later leased by the seller within the time limits and parameters set forth in the acquisition agreements. If at the end of the time limits certain space has not been leased, occupied and rent producing, we will have no further obligation to pay the additional purchase price consideration and we will retain ownership of that entire property. The liability for potential future earnout payments was determined using estimated fair value measurements at the end of the period which included the lease-up periods, market rents and probability of occupancy. As these earnouts were the original obligation of the previous owner, our assumption of these earnouts is similar to the assumption of a contingent obligation. The earnout payments are based on a predetermined formula applied to rental income received. The earnouts are recorded as an addition to the purchase price of the related properties and as a liability included in deferred revenue and intangibles, net and other liabilities on the accompanying consolidated balance sheets. Subsequent to the measurement period, any adjustment to the assumed earnout liability is reflected in the consolidated statements of operations. The Company determined that it was the acquirer for accounting purposes in the merger with Inland Diversified. We considered the continuation of the Company’s existing management and a majority of the existing board members as the most significant considerations in our analysis. Additionally, Inland Diversified had previously announced the transaction as a liquidation event and we believe this transaction was an acquisition of Inland Diversified by the Company. See Note 8 for additional discussion. Investment Properties Capitalization and Depreciation Investment properties are recorded at cost and include costs of land acquisition, development, pre-development, construction, certain allocated overhead, tenant allowances and improvements, and interest and real estate taxes incurred during construction. Significant renovations and improvements are capitalized when they extend the useful life, increase capacity, or improve the efficiency of the asset. If a tenant vacates a space prior to the lease expiration, terminates its lease, or otherwise notifies the Company of its intent to do so, any related unamortized tenant allowances are expensed over the shortened lease period. Maintenance and repairs that do not extend the useful lives of the respective assets are reflected in property operating expense. Pre-development costs are incurred prior to vertical construction and for certain land held for development acquisitions during the due diligence phase and include contract deposits, legal, engineering, cost of internal resources and other professional fees related to evaluating the feasibility of developing or redeveloping a shopping center or other project. These pre-development costs are capitalized and included in construction in progress in the accompanying consolidated balance sheets. If we determine that the completion of a development project is no longer probable, all previously incurred pre-development costs are immediately expensed. Once construction commences on the land, it is transferred to construction in progress. We also capitalize costs such as acquisition of land, construction of buildings, interest, real estate taxes, and the costs of personnel directly involved with the development of our properties. As a portion of a development property becomes operational, we expense a pro rata amount of related costs. Depreciation on buildings and improvements is provided utilizing the straight-line method over estimated original useful lives ranging from 10 to 35 years. Depreciation on tenant allowances and tenant improvements are provided utilizing the straight-line method over the term of the related lease. Depreciation on equipment and fixtures is provided utilizing the straight-line method over 5 to 10 years. Depreciation may be accelerated for a redevelopment project including partial demolition of existing structure after the asset is assessed for impairment. Impairment Management reviews operational properties, development properties, land parcels and intangible assets for impairment on at least a quarterly basis or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The review for possible impairment requires management to make certain assumptions and estimates and requires significant judgment. Impairment losses for investment properties and intangible assets are measured when the undiscounted cash flows estimated to be generated by the investment properties during the expected holding period are less than the carrying amounts of those assets. Impairment losses are recorded as the excess of the carrying value over the estimated fair value of the asset. If the Company decides to sell or otherwise dispose of an asset, its carrying value may differ from its sales price. Held for Sale and Discontinued Operations Operating properties classified as "held for sale" include only those properties available for immediate sale in their present condition and for which management believes it is probable that a sale of the property will be completed within one year among other factors. Operating properties held for sale are carried at the lower of cost or fair value less costs to sell. Depreciation and amortization are suspended during the period during which the asset is held-for-sale. In the first quarter of 2014, we adopted the provisions of ASU 2014-8, 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, which will result in fewer real estate sales being classified within discontinued operations as only disposals representing a strategic shift in operations will be presented as discontinued operations . All operating properties included in discontinued operations in 2014 were classified as such prior to the adoption of ASU 2014-08, and no properties that have been sold, or designated as held-for-sale, since the adoption of ASU 2014-08 have met the revised criteria for classification within discontinued operations. Escrow Deposits Escrow deposits consist of cash held for real estate taxes, property maintenance, insurance and other requirements at specific properties as required by lending institutions and certain municipalities. Cash and Cash Equivalents We consider all highly liquid investments purchased with an original maturity of 90 days or less to be cash and cash equivalents. From time to time, such investments may temporarily be held in accounts that are in excess of FDIC and SIPC insurance limits; however the Company attempts to limit its exposure at any one time. As of December 31, 2014, cash and cash equivalents included $16.1 million of funds set aside by the Company to affect a tax deferred purchase of real estate. Such funds were not considered available for general corporate purposes. Fair Value Measurements We follow the framework established under accounting standard FASB ASC 820 for measuring fair value of non-financial assets and liabilities that are not required or permitted to be measured at fair value on a recurring basis but only in certain circumstances, such as a business combination or upon determination of an impairment. Assets and liabilities recorded at fair value on the consolidated balance sheets are categorized based on the inputs to the valuation techniques as follows: • Level 1 fair value inputs are quoted prices in active markets for identical instruments to which we have access. • Level 2 fair value inputs are inputs other than quoted prices included in Level 1 that are observable for similar instruments, either directly or indirectly, and appropriately considers counterparty creditworthiness in the valuations. • Level 3 fair value inputs reflect our best estimate of inputs and assumptions market participants would use in pricing an instrument at the measurement date. The inputs are unobservable in the market and significant to the valuation estimate. 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. Our 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. As discussed in Note 11, the Company has determined that its derivative valuations are classified in Level 2 of the fair value hierarchy. Cash and cash equivalents, accounts receivable, escrows and deposits, and other working capital balances approximate fair value. Note 4 includes a discussion of fair values recorded in 2013 when we transferred the Kedron Village operating property to the loan servicer. Note 8 includes a discussion of the fair values recorded in purchase accounting. Note 9 includes a discussion of the fair values recorded when we recognized an impairment charge on our Shops at Otty operating property. Level 3 inputs to these transactions include our estimations of market leasing rates, tenant-related costs, discount rates, and disposal values. Derivative Financial Instruments The Company accounts for its derivative financial instruments at fair value calculated in accordance with Topic 820—“Fair Value Measurements and Disclosures” in the ASC. Gains or losses resulting from changes in the fair values of those derivatives are accounted for depending on the use of the derivative and whether it qualifies for hedge accounting. We use derivative instruments such as interest rate swaps or rate locks to mitigate interest rate risk on related financial instruments. Changes in the fair values of derivatives that qualify as cash flow hedges are recognized in other comprehensive income (“OCI”) while any ineffective portion of a derivative’s change in fair value is recognized immediately in earnings. Upon settlement of the hedge, gains and losses associated with the transaction are recorded in OCI and amortized over the underlying term of the hedged transaction. As of December 31, 2015 and 2014 , all of our derivative instruments qualify for hedge accounting. Revenue Recognition As a lessor of real estate assets, the Company retains substantially all of the risks and benefits of ownership and accounts for its leases as operating leases. Contractual rent, percentage rent, and expense reimbursements from tenants for common area maintenance costs, insurance and real estate taxes are our principal source of revenue. Base minimum rents are recognized on a straight-line basis over the terms of the respective leases. Certain lease agreements contain provisions that grant additional rents based on a tenant’s sales volume (contingent overage rent). Overage rent is recognized when tenants achieve the specified sales targets as defined in their lease agreements. Overage rent is included in other property related revenue in the accompanying statements of operations. As a result of generating this revenue, we will routinely have accounts receivable due from tenants. We are subject to tenant defaults and bankruptcies that may affect the collection of outstanding receivables. To address the collectability of these receivables, we analyze historical write-off experience, tenant credit-worthiness and current economic trends when evaluating the adequacy of our allowance for doubtful accounts and straight line rent reserve. Although we estimate uncollectible receivables and provide for them through charges against income, actual experience may differ from those estimates. Gains or losses from sales of real estate are recognized when a sale has been consummated, the buyer’s initial and continuing investment is adequate to demonstrate a commitment to pay for the asset, the Company has transferred to the buyer the usual risks and rewards of ownership, and the Company does not have a substantial continuing financial involvement in the property. As part of the Company’s ongoing business strategy, it will, from time to time, sell land parcels and outlots, some of which are ground leased to tenants. Net gains realized on such sales were $5.6 million , $1.5 million , and $6.2 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively, and are classified as other property related revenue in the accompanying consolidated statements of operations. Tenant Receivables and Allowance for Doubtful Accounts Tenant receivables consist primarily of billed minimum rent, accrued and billed tenant reimbursements, and accrued straight-line rent. The Company generally does not require specific collateral other than corporate or personal guarantees from its tenants. An allowance for doubtful accounts is maintained for estimated losses resulting from the inability of certain tenants or others to meet contractual obligations under their lease or other agreements. Accounts are written off when, in the opinion of management, the balance is uncollectible. ($ in thousands) 2015 2014 2013 Balance, beginning of year $ 2,433 $ 1,328 $ 755 Provision for credit losses, net of recoveries 4,331 1,740 922 Accounts written off (2,439 ) (635 ) (349 ) Balance, end of year $ 4,325 $ 2,433 $ 1,328 For the years ended December 31, 2015 , 2014 and 2013 , allowance for doubtful accounts represented 1.2% , 0.9% and 1.0% of total revenues, respectively. Other Receivables Other receivables consist primarily of receivables due from municipalities and from tenants for non-rental revenue related activities. Concentration of Credit Risk We may be subject to concentrations of credit risk with regards to our cash and cash equivalents. We place cash and temporary cash investments with high-credit-quality financial institutions. From time to time, such cash and investments may temporarily be in excess of insurance limits. In addition, our accounts receivable from and leases with tenants potentially subjects us to a concentration of credit risk related to our accounts receivable and revenue. At December 31, 2015 , 50% , 11% and 6% of total billed receivables were due from tenants leasing space in the states of Florida, Indiana, and Texas, respectively, compared to 40% , 11% , and 4% in 2014 . For the year ended December 31, 2015 , 25% , 14% and 12% of the Company’s revenue recognized was from tenants leasing space in the states of Florida, Indiana, and Texas, respectively, compared to 26% , 18% , and 13% in 2014 and 30% , 36% , and 14% in 2013 . Earnings Per Share Basic earnings per share or unit is calculated based on the weighted average number of common shares or units outstanding during the period. Diluted earnings per share or unit is determined based on the weighted average common number of shares or units outstanding during the period combined with the incremental average common shares or units that would have been outstanding assuming the conversion of all potentially dilutive common shares or units into common shares or units as of the earliest date possible. Potentially dilutive securities include outstanding options to acquire common shares; Limited Partner Units, which may be exchanged for either cash or common shares, at the Parent Company’s option and under certain circumstances; units under our Outperformance Plan; potential settlement of redeemable noncontrolling interests in certain joint ventures; 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. Limited Partner Units have been omitted from the Parent Company’s denominator for the purpose of computing diluted earnings per share since the effect of including these amounts in the denominator would have no dilutive impact. Weighted average Limited Partner Units outstanding for the years ended December 31, 2015 , 2014 and 2013 were 1.8 million , 1.7 million and 1.7 million , respectively. Due to our net loss attributable to common shareholders and Common Unit holders for the years ended December 31, 2014 and 2013 , there are no potentially dilutive securities for those periods. Approximately 0.1 million , 0.3 million and 0.4 million outstanding options to acquire common shares were excluded from the computations of diluted earnings per share or unit because their impact was not dilutive for the twelve months ended December 31, 2015 , 2014 and 2013 respectively. On August 11, 2014, we completed a one-for- four reverse share split of our common shares. As a result of the reverse share split, the number of outstanding common shares of the Company was reduced from approximately 332.7 million to approximately 83.2 million at that date. Unless otherwise noted, all common share and per share information contained herein has been restated to reflect the reverse share split as if it had occurred as of the beginning of the first period presented. Segment Reporting Our primary business is the ownership and operation of neighborhood and community shopping centers. We do not distinguish or group our operations on a geographical basis, or any other basis, when measuring performance. Accordingly, we have one operating segment, which also serves as our reportable segment for disclosure purposes in accordance with GAAP. Income Taxes and REIT Compliance Parent Company The Parent Company, which is considered a corporation for federal income tax purposes, has been organized and intends to continue to operate in a manner that will enable it to maintain its qualification as a REIT for federal income tax purposes. As a result, it generally will not be subject to federal income tax on the earnings that it distributes to the extent it distributes its “REIT taxable income” (determined before the deduction for dividends paid and excluding net capital gains) to shareholders of the Parent Company and meets certain other requirements on a recurring basis. To the extent that it satisfies this distribution requirement, but distributes less than 100% of its taxable income, it will be subject to federal corporate income tax on its undistributed REIT taxable income. REITs are subject to a number of organizational and operational requirements. If the Parent Company fails to qualify as a REIT in any taxable year, it will be subject to federal income tax on its taxable income at regular corporate rates for a period of four years following the year in which qualification is lost. We may also be subject to certain federal, state and local taxes on our income and property and to federal income and excise taxes on our undistributed taxable income even if the Parent Company does qualify as a REIT. The Operating Partnership intends to continue to make distributions to the Parent Company in amounts sufficient to assist the Parent Company in adhering to REIT requirements and maintaining its REIT status. We have elected to treat Kite Realty Holdings, LLC as a taxable REIT subsidiary of the Operating Partnership, and we may elect to treat other subsidiaries as taxable REIT subsidiaries in the future. This election enables us to receive income and provide services that would otherwise be impermissible for a REIT. Deferred tax assets and liabilities are established for temporary differences between the financial reporting bases and the tax bases of assets and liabilities at the tax rates expected to be in effect when the temporary differences reverse. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax asset will not be realized. Operating Partnership The allocated share of income and loss, other than the operations of our taxable REIT subsidiary, is included in the income tax returns of the Operating Partnership's partners. Accordingly, the only federal income taxes included in the accompanying consolidated financial statements are in connection with its taxable REIT subsidiary. Other state and local income taxes were not significant in any of the periods presented. Noncontrolling Interests We report the non-redeemable noncontrolling interests in subsidiaries as equity and the amount of consolidated net income attributable to these noncontrolling interests is set forth separately in the consolidated financial statements. The noncontrolling interests in consolidated properties for the years ended December 31, 2015 , 2014 , and 2013 were as follows: ($ in thousands) 2015 2014 2013 Noncontrolling interests balance January 1 $ 3,364 $ 3,548 $ 3,535 Net income allocable to noncontrolling interests, 111 140 121 Distributions to noncontrolling interests (115 ) (324 ) (108 ) Acquisition of partner's interest in Beacon Hill operating property (2,353 ) — — Partner's share of loss on sale of Cornelius Gateway operating property (234 ) — — Noncontrolling interests balance at December 31 $ 773 $ 3,364 $ 3,548 Redeemable Noncontrolling Interests – Operating Partnership Limited Partner Units are redeemable noncontrolling interests in the Operating Partnership. We classify redeemable noncontrolling interests in the Operating Partnership in the accompanying consolidated balance sheets outside of permanent equity because we may be required to pay cash to holders of Limited Partner Units upon redemption of their interests in the Operating Partnership or deliver registered shares upon their conversion. The carrying amount of the redeemable noncontrolling interests in the Operating Partnership is reflected at the greater of historical book value or redemption value with a corresponding adjustment to additional paid-in capital. At December 31, 2015 and 2014 , the redemption value of the redeemable noncontrolling interests exceeded the historical book value, and the balance was accordingly adjusted to redemption value. We allocate net operating results of the Operating Partnership after preferred dividends and noncontrolling interests in the consolidated properties based on the partners’ respective weighted average ownership interest. We adjust the redeemable noncontrolling interests in the Operating Partnership at the end of each reporting period to reflect their interests in the Operating Partnership or redemption value. This adjustment is reflected in our shareholders’ and Parent Company's equity. For the years ended December 31, 2015 , 2014 , and 2013 , the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows: Year Ended December 31, 2015 2014 2013 Parent Company’s weighted average interest in 97.9 % 97.2 % 93.3 % Limited partners' weighted average interests in 2.1 % 2.8 % 6.7 % At December 31, 2015 and December 31, 2014 , the Parent Company's interest and the limited partners' redeemable noncontrolling ownership interests in the Operating Partnership were 97.8% and 2.2% and 98.1% and 1.9% , respectively. Concurrent with the Parent Company’s initial public offering and related formation transactions, certain individuals received Limited Partner Units of the Operating Partnership in exchange for their interests in certain properties. The limited partners were granted the right to redeem Limited Partner Units on or after August 16, 2005 for cash or, at the Parent Company's election, common shares of the Parent Company in an amount equal to the market value of an equivalent number of common shares of the Parent Company at the time of redemption. Such common shares must be registered, which is not fully in the Parent Company’s control. Therefore, the limited partners’ interest is not reflected in permanent equity. The Parent Company also has the right to redeem the Limited Partner Units directly from the limited partner in exchange for either cash in the amount specified above or a number of its common shares equal to the number of Limited Partner Units being redeemed. For the years ended December 31, 2015 , 2014 and 2013 , respectively, 18,000 , 22,000 , and 23,250 Limited Partner Units were exchanged for the same number of common shares of the Parent Company. There were 1,901,278 and 1,639,443 Limited Partner Units outstanding as of December 31, 2015 and 2014 , respectively. The increase in Limited Partner Units outstanding from December 31, 2014 is due primarily to non-cash compensation awards previously made to our executive offi

Gain on Settlement

Gain on Settlement	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Gain on Settlement	Gain on Settlement In June 2015, we received $4.75 million to settle a dispute related to eminent domain and related damages at one of our operating properties. The settlement agreement did not restrict our use of the proceeds from this settlement. These proceeds, net of certain costs, are included in gain on settlement in the accompanying statement of operations. In July 2015, we used the proceeds to pay down a portion of the loan secured by the operating property.

Kedron Village

Kedron Village	12 Months Ended
	Dec. 31, 2015
Restructuring and Related Activities [Abstract]
Kedron Village	Kedron Village In July 2013, foreclosure proceedings were completed by the mortgage lender on the indebtedness secured by the Company’s Kedron Village operating property and the mortgage lender took title to the property in satisfaction of principal and interest due on the loan. We reevaluated the Kedron Village property for impairment as of June 30, 2013 and determined that, based on the developments, the carrying value of the property was no longer fully recoverable considering the reduced holding period that considered the foreclosure proceedings. Accordingly, we recorded a non-cash impairment charge of $5.4 million for the three months ended June 30, 2013 based upon the estimated fair value of the asset of $25.5 million using level 3 inputs. During the year ended December 31, 2013, we recognized a non-cash gain of $1.2 million resulting from the transfer of the Kedron Village assets to the lender in satisfaction of the debt. Also, in the third quarter, we reversed an accrual of unpaid interest (primarily default interest) of approximately $1.1 million . The operations of Kedron Village were classified as discontinued operations in the consolidated statement of operations for the year ended December 31, 2013.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation Overview The Company's 2013 Equity Incentive Plan (the "Plan") authorizes options and other share-based compensation awards to be granted to employees and trustees for up to an additional 1,500,000 common shares of the Company. The Company accounts for its share-based compensation in accordance with the fair value recognition provisions provided under Topic 718—“Stock Compensation” in the ASC. The total share-based compensation expense, net of amounts capitalized, included in general and administrative expenses for the years ended December 31, 2015 , 2014 , and 2013 was $4.4 million , $2.9 million , and $1.1 million , respectively. For the years ended December 31, 2015 , 2014 , and 2013 , total share-based compensation cost capitalized for development and leasing activities was $1.0 million , $0.8 million , and $0.5 million , respectively. As of December 31, 2015 , there were 1,239,022 shares available for grant under the Plan. Share Options Pursuant to the Plan, the Company may periodically grant options to purchase common shares at an exercise price equal to the grant date fair value of the Company's common shares. Granted options typically vest over a five year period and expire ten years from the grant date. The Company issues new common shares upon the exercise of options. A summary of option activity under the Plan as of December 31, 2015 , and changes during the year then ended, is presented below: Aggregate Intrinsic Value Weighted-Average Remaining Contractual Term (in years) Options Weighted-Average Exercise Price Outstanding at January 1, 2015 248,991 $ 33.88 Granted — — Exercised (1,250 ) 10.56 Expired (14,375 ) 60.68 Forfeited — — Outstanding at December 31, 2015 $ 1,282,272 2.95 233,366 $ 32.36 Exercisable at December 31, 2015 $ 1,272,738 2.94 231,875 $ 32.44 Exercisable at December 31, 2014 243,686 $ 34.16 There were no options granted in 2015, 2014 and 2013. The aggregate intrinsic value of the 1,250 and 3,313 options exercised during the years ended December 31, 2015 and 2014 was less than $0.1 million . The aggregate intrinsic value of the 40,639 options exercised during the year ended December 31, 2013 was $0.4 million . As of December 31, 2015 there was less than $0.1 million of total unrecognized compensation cost related to outstanding unvested share option awards. Restricted Shares In addition to share option grants, the Plan also authorizes the grant of share-based compensation awards in the form of restricted common shares. Under the terms of the Plan, these restricted shares, which are considered to be outstanding shares from the date of grant, typically vest over a period ranging from one to five years. The Company pays dividends on restricted shares and such dividends are charged directly to shareholders’ equity. The following table summarizes all restricted share activity to employees and non-employee members of the Board of Trustees as of December 31, 2015 and changes during the year then ended: Number of Restricted Shares Weighted Average Grant Date Fair Value per share Restricted shares outstanding at January 1, 2015 615,453 $ 22.87 Shares granted 121,075 28.10 Shares forfeited (358 ) 21.49 Shares canceled (274,835 ) 21.25 Shares vested (105,001 ) 23.86 Restricted shares outstanding at December 31, 2015 356,334 $ 25.61 During the years ended December 31, 2015 , 2014 , and 2013 , the Company granted 121,075 , 499,436 , and 103,685 restricted shares, respectively, to employees and non-employee members of the Board of Trustees with weighted average grant date fair values of $28.10 , $22.62 , and $25.80 , respectively. In June 2015, the Company canceled 274,835 shares of unvested restricted shares that would have vested in equal amounts on July 2, 2015, July 2, 2016, July 2, 2017, and July 2, 2018 in exchange for converting these awards into an equal number of Limited Partner Units, which had the same fair value. The total fair value of shares vested during the years ended December 31, 2015 , 2014 , and 2013 was $2.9 million , $1.6 million , and $1.1 million , respectively. As of December 31, 2015 , there was $6.9 million of total unrecognized compensation cost related to restricted shares and units granted under the Plan, which amount is expected to be recognized in the consolidated statements of operations over a weighted-average period of 1.76 years. We expect to incur $2.5 million of this expense in fiscal year 2016, $1.9 million in fiscal year 2017, $1.6 million in fiscal year 2018, $0.8 million in fiscal year 2019, and the remainder in fiscal year 2020. Outperformance Plan The Compensation Committee of the Board of Trustees has adopted the Kite Realty Group Trust 2014 Outperformance Plan in July 2014 for members of executive management and certain other employees, pursuant to which participants are eligible to earn units in the Operating Partnership based on the achievement of certain performance criteria related to the Company’s common shares. Participants in the 2014 Outperformance Plan were awarded the right to earn, in the aggregate, up to $7.5 million of share-settled awards (the “bonus pool”) if, and only to the extent of which, based on our total shareholder return (“TSR”) performance measures are achieved for the three -year period beginning July 1, 2014 and ending June 30, 2017. Awarded interests not earned based on the TSR measures are forfeited. At the end of the three -year performance period, participants will receive their percentage interest in the bonus pool as units in the Operating Partnership that vest over an additional two -year service period. The compensation cost of the 2014 Outperformance Plan is fixed as of the grant date and is recognized regardless of whether the units are ultimately earned if the required service is determined. The 2014 Outperformance Plan was valued at an aggregate value of $2.4 million utilizing a Monte Carlo simulation. The value of the awards will be amortized to expense through the final vesting date of June 30, 2019 based upon a graded vesting schedule. We expect to incur $0.7 million of this expense in fiscal year 2016, $0.6 million in fiscal year 2017, $0.3 million in fiscal year 2018 and $0.1 million in fiscal year 2019. Performance Awards The Compensation Committee of the Board of Trustees revised the structure for its annual incentive awards in 2015. The Compensation Committee established an overall target value of incentive compensation for each executive officer, with 50% of the target value being granted in the form of a time-based restricted shares award to be made on a discretionary basis in the spring of 2016, based on review of the prior year's performance, and the remaining 50% being granted in the form of a three -year performance share award. In March 2015, in connection with the setting of these overall target values, the Compensation Committee awarded each executive officer a three -year performance award of restricted shares units ("PSUs"). These PSUs may be earned over a three -year performance period from January 1, 2015 to December 31, 2017. The performance criteria will be based on the relative total shareholder return ("TSR") achieved by the Company measured against the SNL US REIT Retail Shopping Center index over the three -year measurement period. Any PSUs earned at the end of the three -year period will be fully vested. The PSUs were valued at an aggregate value of $1.1 million utilizing a Monte Carlo simulation. The value of the awards will be amortized to expense through the final vesting date of February 28, 2018 based upon a graded vesting schedule. We expect to incur $0.4 million of this expense in fiscal year 2016, $0.4 million in fiscal year 2017 and $0.1 million in fiscal year 2018.

Deferred Costs and Intangibles,

Deferred Costs and Intangibles, Net	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs and Intangibles, net	Deferred Costs and Intangibles, net Deferred costs consist primarily of financing fees incurred to obtain long-term financing, acquired lease intangible assets, and broker fees and capitalized salaries and related benefits incurred in connection with lease originations. Deferred financing costs are amortized on a straight-line basis over the terms of the respective loan agreements. Deferred leasing costs, lease intangibles and similar costs are amortized on a straight-line basis over the terms of the related leases. At December 31, 2015 and 2014 , deferred costs consisted of the following: ($ in thousands) 2015 2014 Deferred financing costs $ 19,052 $ 14,575 Acquired lease intangible assets 138,796 142,823 Deferred leasing costs and other 54,902 48,149 212,750 205,547 Less—accumulated amortization (54,866 ) (36,583 ) Total 157,884 168,964 Deferred costs and intangibles, net – properties held for sale — (8,986 ) Total $ 157,884 $ 159,978 The estimated net amounts of amortization from acquired lease intangible assets for each of the next five years and thereafter are as follows: ($ in thousands) Amortization of above market leases Amortization of deferred leasing costs Total 2016 $ 5,252 $ 16,737 $ 21,989 2017 4,293 13,866 18,159 2018 2,724 10,045 12,769 2019 1,475 7,507 8,982 2020 1,279 6,560 7,839 Thereafter 5,307 35,279 40,586 Total $ 20,330 $ 89,994 $ 110,324 The accompanying consolidated statements of operations include amortization expense as follows: ($ in thousands) For the year ended December 31, 2015 2014 2013 Amortization of deferred financing costs $ 3,209 $ 2,864 $ 2,434 Amortization of deferred leasing costs, lease intangibles and other 25,187 17,291 5,605 Amortization of above market lease intangibles 6,860 4,787 534 Amortization of deferred leasing costs, leasing intangibles and other is included in depreciation and amortization expense, except for the amortization of above market leases, while the amortization of deferred financing costs is included in interest expense. The amortization of above market lease intangibles is included as a reduction to revenue.

Deferred Revenue, Intangibles,

Deferred Revenue, Intangibles, Net and Other Liabilities	12 Months Ended
	Dec. 31, 2015
Deferred Revenue Disclosure [Abstract]
Deferred Revenue, Intangibles, Net and Other Liabilities	Deferred Revenue, Intangibles, Net and Other Liabilities Deferred revenue and other liabilities primarily consist of unamortized fair value of in-place lease liabilities recorded in connection with purchase accounting, an assumed obligation related to a pre-existing potential earnout payment related to the Merger, retainage payables for development and redevelopment projects, and tenant rent payments received in advance of their due date. The amortization of in-place lease liabilities is recognized as revenue over the remaining life of the leases (including option periods for leases with below market renewal options). Tenant rent payments received in advance are recognized as revenue in the period to which they apply, which is typically the month following their receipt. At December 31, 2015 and 2014 , deferred revenue and other liabilities consisted of the following: ($ in thousands) 2015 2014 Unamortized in-place lease liabilities $ 112,405 $ 125,336 Retainages payable and other 5,636 2,852 Assumed earnout liability (Note 15) 1,380 9,664 Tenant rents received in advance 12,138 10,841 Total 131,559 148,693 Deferred revenue, intangibles, net and other liabilities – liabilities held for sale — (12,284 ) Total $ 131,559 $ 136,409 The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for each of the next five years and thereafter is as follows: ($ in thousands) 2016 $ 8,198 2017 7,143 2018 6,414 2019 5,855 2020 5,442 Thereafter 79,353 Total $ 112,405

Merger and Acquisitions

Merger and Acquisitions	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Merger and Acquisitions	Merger and Acquisitions The results of operations for all acquired properties during the years ended December 31, 2015 , 2014 , and 2013 , respectively, have been included in continuing operations within our consolidated financial statements since their respective dates of acquisition. The fair value of the real estate and related assets acquired were primarily determined using the income approach. The income approach required us to make assumptions about market leasing rates, tenant-related costs, discount rates, and disposal values. The estimates of fair value were determined to have primarily relied upon Level 2 and Level 3 inputs, as previously defined. Merger and acquisition costs are expensed as incurred and include transaction costs for completed and prospective acquisitions. As part of the Merger with Inland Diversified, we incurred significant costs in 2014 related to investment banking, lender, due diligence, legal, and professional fees. Merger and acquisition costs for the years ended December 31, 2015 , 2014 , and 2013 were $1.6 million , $27.5 million and $2.2 million , respectively. A preliminary estimation of the fair value of acquired tangible and intangible assets and liabilities was made at the dates of each acquisition. 2015 Acquisitions In 2015, we acquired four operating properties for total consideration of $185.8 million , including the assumption of an $18.3 million loan, which are summarized below: Property Name MSA Acquisition Date Colleyville Downs Dallas, TX April 2015 Belle Isle Station Oklahoma City, OK May 2015 Livingston Shopping Center New York - Newark July 2015 Chapel Hill Shopping Center Fort Worth, TX August 2015 The following table summarizes the estimation of the fair value of assets acquired and liabilities assumed for the properties acquired in 2015: ($ in thousands) Investment properties, net $ 176,223 Lease-related intangible assets, net 17,436 Other assets 435 Total acquired assets 194,094 Mortgage and other indebtedness 18,473 Accounts payable and accrued expenses 2,125 Deferred revenue and other liabilities 8,269 Total assumed liabilities 28,867 Fair value of acquired net assets $ 165,227 The leases at the acquired properties had a weighted average remaining life at acquisition of approximately 9.4 years. The operating properties acquired in 2015 generated revenues of $8.8 million and a loss from continuing operations of $1.3 million (inclusive of depreciation and amortization expense of $5.8 million ) since their respective dates of acquisition. As of December 31, 2015, we finalized the fair values of the assets and liabilities acquired in 2015. There were no material adjustments to the fair values of acquired assets and assumed liabilities of our 2015 acquisitions during the year ended December 31, 2015. 2014 Merger and Acquisitions In 2014, we acquired a total of 61 operating properties. Upon completion of the Merger with Inland Diversified in July, we acquired 60 operating properties and in December we acquired an operating property in Las Vegas, Nevada. The total purchase price of the assets acquired in the Merger was $2.1 billion . As part of the Merger, we assumed $860 million of debt, maturing in various years through March 2023. In addition, we assumed a $12.4 million mortgage with a fixed interest rate of 5.73% , maturing in June 2030, as part of the Las Vegas acquisition. The following is a summary of our 2014 operating property acquisitions. Property Name MSA Acquisition Date Purchase Price ($ in millions) Merger with Inland Diversified Various July 2014 $ 2,128.6 Rampart Commons Las Vegas, NV December 2014 32.3 The ranges of the most significant Level 3 assumptions utilized in determining the value of the real estate and related assets of each building acquired during the Merger are as follows: Low High Lease-up period (months) 6 18 Net rental rate per square foot – Anchors (greater than 10,000 square feet) $ 5.00 $ 30.00 Net rental rate per square foot – Small Shops $ 11.00 $ 53.00 Discount rate 5.75 % 9.25 % The following table summarizes the aggregate estimated fair values of the properties acquired in connection with the Merger with Inland Diversified on July 1, 2014: ($ in thousands) Assets: Investment properties, net $ 2,095,567 Deferred costs, net 143,210 Investments in marketable securities 18,602 Cash and cash equivalents 108,666 Accounts receivable, prepaid expenses, and other 20,157 Total assets $ 2,386,202 Liabilities: Mortgage and other indebtedness, including debt premium of $33,298 $ 892,909 Deferred revenue and other liabilities 129,935 Accounts payable and accrued expenses 59,314 Total Liabilities 1,082,158 Noncontrolling interests 69,356 Common stock issued 1,234,688 Total estimated fair value of acquired net assets $ 2,386,202 The leases in the acquired properties had a weighted average remaining life at acquisition of approximately 5.8 years. The following table summarizes the revenues and expenses of the properties acquired in 2014 subsequent to the respective acquisition dates. These revenues and expenses are included in the consolidated statement of operations for the year ended December 31, 2014: ($ in thousands) Year ended December 31, 2014 Revenue $ 92,212 Expenses: Property operating 14,262 Real estate taxes and other 11,254 Depreciation and amortization 43,257 Interest expense 14,845 Total expenses 83,618 Gain on sale and other (1) 2,153 Net income impact from 2014 acquisitions prior to income allocable to noncontrolling interests 10,747 Income allocable to noncontrolling interests (1,284 ) Impact from 2014 acquisitions on income attributable to Kite Realty Trust $ 9,463 ____________________ 1 We sold eight properties that were acquired through the Merger in November and December 2014. The following table presents unaudited pro forma financial information for the years ended December 31, 2014 and 2013 as if the Merger and the 2013 and 2014 property acquisitions had been consummated on January 1, 2013. The pro forma results have been accounted for pursuant to our accounting policies and adjusted to reflect the results of Inland Diversified’s additional depreciation and amortization that would have been recorded assuming the allocation of the purchase price to investment properties, intangible assets and indebtedness had been applied on January 1, 2013. The pro forma results exclude Merger and acquisition costs and reflect the termination of management agreements with affiliates of Inland Diversified as neither are expected to have a continuing impact on the results of the operations following the Merger and the results also reflect the pay down of certain indebtedness. ($ in thousands) Twelve Months Ended December 31, (unaudited) 2014 2013 Total revenue $ 355,716 $ 357,506 Consolidated net income 26,911 2,219 As of June 30, 2015, we finalized the fair values of the assets and liabilities acquired in the Merger. There were no material adjustments made to the fair values of acquired assets and assumed liabilities during 2015, except as described in Note 15. 2013 Acquisition Activities In 2013, we acquired thirteen operating properties, which are summarized below: Property Name MSA Acquisition Date Purchase Price ($ in millions) Shoppes of Eastwood Orlando, FL January 2013 $ 11.6 Cool Springs Market Nashville, TN April 2013 37.6 Castleton Crossing Indianapolis, IN May 2013 39.0 Toringdon Market Charlotte, NC August 2013 15.9 Nine Property Portfolio Various November 2013 304.0 The following table summarizes our final aggregated estimated fair value of amounts recognized for each major class of asset and liability for these acquisitions: ($ in thousands) Allocation to opening balance sheet Investment properties, net $ 419,080 Lease-related intangible assets 19,537 Other assets 293 Total acquired assets 438,910 Accounts payable and accrued expenses 2,204 Deferred revenue and other liabilities 29,291 Total assumed liabilities 31,495 Fair value of acquired net assets $ 407,415 The leases in the acquired properties had a weighted average remaining life at acquisition of approximately 4.6 years. There were no material adjustments to the fair value determination of acquired assets and assumed liabilities for our 2013 acquisitions during the year ended December 31, 2014.

Disposals, Discontinued Operati

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge	12 Months Ended
	Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge	Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge 2015 Activities During the fourth quarter of 2015, we sold our Four Corner operating property in Seattle, Washington, and our Cornelius Gateway operating property in Portland, Oregon, for aggregate proceeds of $44.9 million and a net gain of $0.6 million . In connection with the sale of these two properties, we evaluated the prospects of our remaining operating property in the Pacific Northwest, Shops at Otty. As part of this review and our limited presence in the Pacific Northwest market led to our intent to sell the property in the near term, which shortened the intended holding period. Based on this re-evaluation, the estimated undiscounted cash flows over the remaining holding period do not exceed the carrying value of the asset. Accordingly, we determined it was appropriate to write off the net book value of this property and record a non-cash impairment charge of $1.6 million for the year ended December 31, 2015, because our estimation is that the fair value of this property is nominal. As discussed below, in March 2015, we sold seven properties for aggregate net proceeds of $103.0 million and a net gain of $3.4 million . The results of these operating properties are not included in discontinued operations in the accompanying statements of operations as none of the operating properties individually, nor in the aggregate, represent a strategic shift that has had or will have a material effect on our operations or financial results (see Note 2). 2014 Activities During 2014, we sold our Red Bank Commons operating property in Evansville, Indiana, our Ridge Plaza operating property in Oak Ridge, New Jersey, Zionsville Walgreens operating property in Zionsville, Indiana, and our 50 th and 12 th operating property in Seattle, Washington, for aggregate proceeds of $42.5 million and a net gain of $9.6 million . The Red Bank Commons, Ridge Plaza and Zionsville Walgreens operating properties are not included in discontinued operations in the accompanying Statements of Operations for the years ended December 31, 2014 and 2013 , as the disposals individually, nor in the aggregate, represent a strategic shift that has or will have a major effect on our operations and financial results (see Note 2). The 50 th and 12 th operating property is included in discontinued operations in the accompanying consolidated statements of operations for the years ended December 31, 2014 and 2013, as the property was classified as held for sale as of December 31, 2013, prior to our adoption of ASU 2014-8. In September 2014, we agreed to sell 15 of our operating properties. In late 2014, we completed the sale of eight of these operating properties for aggregate net proceeds of $150.8 million and a net gain of $1.4 million . In March 2015, we sold the remaining seven operating properties for aggregate net proceeds of $103.0 million and a net gain of $3.4 million . The operating properties sold in late 2014 and early 2015 are as follows: Property Name MSA Owned GLA Sold in late 2014 Copps Grocery Stevens Point, WI 69,911 Fox Point Neenah, WI 171,121 Harvest Square Harvest, AL 70,590 Landing at Ocean Isle Beach Ocean Isle Beach, NC 53,220 Branson Hills Plaza 1 Branson, MO 289,986 Shoppes at Branson Hills Branson, MO Shoppes at Prairie Ridge Pleasant Prairie, WI 128,431 Heritage Square Conyers, GA 22,385 Sold in early 2015 Eastside Junction Athens, AL 79,700 Fairgrounds Crossing Hot Springs, AR 151,927 Hawk Ridge Saint Louis, MO 75,951 Prattville Town Center Prattville, AL 168,842 Regal Court Shreveport, LA 151,719 Whispering Ridge Omaha, NE 69,676 Walgreens Plaza Jacksonville, NC 42,219 ____________________ 1 Owned GLA includes Branson Hills Plaza and Shoppes at Branson Hills. The results of the 15 operating properties sold are not included in discontinued operations in the accompanying Statements of Operations as the disposals neither individually, nor in the aggregate, represent a strategic shift that has had or will have a material effect on our operations or financial results. The seven properties sold in March 2015, met the requirements for presentation as held for sale as of December 31, 2014. Upon meeting the held-for-sale criteria, depreciation and amortization ceased for these operating properties. The assets and liabilities associated with the operating properties that were classified as held sale in 2014 are separately classified as held for sale in the consolidated balance sheets as of December 31, 2014. The following table presents the assets and liabilities associated with the held for sale properties: ($ in thousands) December 31, 2014 Assets: Investment properties, at cost $ 170,782 Less: accumulated depreciation (1,313 ) 169,469 Accounts receivable, prepaids and other assets 1,187 Deferred costs and intangibles, net 8,986 Total assets held for sale $ 179,642 Liabilities: Mortgage and other indebtedness, including net premium $ 67,452 Accounts payable and accrued expenses 1,428 Deferred revenue, intangibles and other liabilities 12,284 Total liabilities held for sale $ 81,164 2013 Activities In September 2013, we sold our Cedar Hill Village operating property in Dallas, Texas. In July 2013, foreclosure proceedings were completed on the Kedron Village operating property and the mortgage lender took title to the property in satisfaction of principal and interest due on the mortgage (see Note 4). The activities of these properties sold in 2013 are reflected as discontinued operations in the accompanying consolidated statements of operations. Discontinued Operations The results of the discontinued operations related to the properties that were classified as such prior to the adoption of ASU 2014-08 were comprised of the following for the years ended December 31, 2014 and 2013: ($ in thousands) Year ended December 31, 2014 2013 Revenue $ — $ 2,565 Expenses: Property operating — 117 Real estate taxes and other — 199 Depreciation and amortization — 844 Impairment charge — 5,372 Total expenses — 6,532 Operating loss — (3,967 ) Interest expense — (571 ) Loss from discontinued operations — (4,538 ) Gain on debt extinguishment — 1,242 Gain on sale of operating properties, net 3,198 487 Total income (loss) from discontinued operations $ 3,198 $ (2,809 ) Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders $ 3,111 $ (2,620 ) Income (loss) from discontinued operations attributable to noncontrolling interests 87 (189 ) Total income (loss) from discontinued operations $ 3,198 $ (2,809 )

Mortgage Loans and Other Indebt

Mortgage Loans and Other Indebtedness	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Mortgage Loans and Other Indebtedness	Mortgage Loans and Other Indebtedness Mortgage and other indebtedness, excluding mortgages related to assets held for sale (see Note 9), consist of the following at December 31, 2015 and 2014 : ($ in thousands) Balance at December 31, Description 2015 2014 Senior Unsecured Notes Maturing at various dates through September 2027; interest rates ranging from 4.23% to 4.57% at December 31, 2015 $ 250,000 $ — Unsecured Revolving Credit Facility Matures July 2018 1 ; borrowing level up to $339.5 million available at December 31, 2015 and $500 million at December 31, 2014; interest at LIBOR + 1.40% 2 or 1.83% at December 31, 2015 and interest at LIBOR + 1.40% 2 or 1.57% at December 31, 2014 20,000 160,000 Unsecured Term Loans $400 million matures July 2019 3 ; interest at LIBOR + 1.35% 2 or 1.78% at December 31, 2015 and interest at LIBOR + 1.35% 2 or 1.52% at December 31, 2014; $100 million matures October 2022; interest at LIBOR + 1.60% 2 or 2.03% at December 31, 2015 500,000 230,000 Construction Loans—Variable Rate Generally interest only; maturing at various dates through 2016; interest at LIBOR + 1.75%-2.10%, ranging from 2.18% to 2.53% at December 31, 2015 and interest at LIBOR+1.75%-2.10%, ranging from 1.92% to 2.27% at December 31, 2014 132,776 119,347 Mortgage Notes Payable—Fixed Rate Generally due in monthly installments of principal and interest; maturing at various dates through 2030; interest rates ranging from 3.78% to 6.78% at December 31, 2015 and interest rates ranging from 3.81% to 6.78% at December 31, 2014 756,494 810,959 Mortgage Notes Payable—Variable Rate Due in monthly installments of principal and interest; maturing at various dates through 2023; interest at LIBOR + 1.70%-2.25%, ranging from 2.13% to 2.68% at December 31, 2015 and interest at LIBOR + 1.75%-2.75%, ranging from 1.92% to 2.92% at December 31, 2014 58,268 205,798 Net premium on acquired indebtedness 16,521 28,159 Total mortgage and other indebtedness $ 1,734,059 $ 1,554,263 ____________________ 1 The maturity date may be extended at the Company’s option for up to two additional periods of six months each, subject to certain conditions. 2 The interest rates on our unsecured revolving credit facility and unsecured term loans varied at certain parts of the year due to provisions in the agreement and the amendment and restatement of the agreement. 3 The maturity date may be extended for an additional six months at the Company’s option subject to certain conditions. The one month LIBOR interest rate was 0.43% and 0.17% as of December 31, 2015 and 2014 , respectively. Non-cash Gain on Extinguishment of Debt On December 10, 2015, we retired the $90 million loan secured by our City Center operating property, and we recognized a non-cash debt extinguishment gain of $5.6 million , primarily due to the premium related to this mortgage. Senior Unsecured Notes In August 2015, the Operating Partnership entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with various parties in connection with a private placement of senior unsecured notes. On September 10, 2015, the Operating Partnership issued $250 million of senior unsecured notes at a blended rate of 4.41% and an average maturity of 9.8 years . The net proceeds from the issuance of the notes were utilized to pay off the balance of $199.6 million on our unsecured revolving credit facility and the $33 million loan secured by our Crossing at Killingly operating property. The Note Purchase Agreement contains a number of customary financial and restrictive covenants. As of December 31, 2015 , we were in compliance with all such covenants. Seven-Year Unsecured Term Loan On October 26, 2015, we entered into a seven -year unsecured term loan ("7-Year Term Loan") for up to $200 million . On December 31, 2015, we drew $100 million on the 7-Year Term Loan and used the proceeds to pay down the unsecured revolving credit facility. The 7-Year Term Loan may be funded on a delayed draw basis at our discretion and has a scheduled maturity date of October 2022. The Operating Partnership has the ability to make a total of two additional draws each of which must be at least $25 million . The remaining $100 million may be drawn through June 30, 2016. Unsecured Revolving Credit Facility and Unsecured Term Loan On March 12, 2015, we amended the terms of the Fourth Amended and Restated Credit Agreement (the “Amended Facility”). The amendment provided for the release of the subsidiary guarantees relating to the Amended Facility upon the satisfaction of specified conditions (the “Release Conditions”). The amendment also changed the calculation of unsecured debt interest expense, which is used for purposes of calculating the unsecured debt interest coverage ratio, to be the actual interest expense incurred. Previously, unsecured debt interest expense was the greater of the actual interest expense incurred and an implied expense based on an assumed 6.0% interest rate. On March 17, 2015, upon satisfaction of the Release Conditions all of the subsidiary guarantees relating to the Amended Facility were released. As provided in the Amended Facility, if any subsidiary of the Operating Partnership becomes liable with respect to any unsecured indebtedness, that subsidiary is required to become a subsidiary guarantor under the Amended Facility. On June 29, 2015, we entered into an amendment to our Fourth Amended and Restated Credit Agreement (the “Credit Agreement”). The amendment increased the total unsecured term loan from $230 million to $400 million , and modified two financial covenants to permit, in each case only one time during the term of the Credit Agreement for up to four consecutive fiscal quarters following a material acquisition, an increase in the maximum leverage ratio from 60% to 65% , and an increase in the ratio of unsecured indebtedness to unencumbered asset pool value from .60 to 1.00 to .65 to 1.00 . The amendment also removed two financial covenants and eliminated certain reporting requirements triggered by the addition of new properties to the unencumbered asset pool. We used the proceeds from this transaction to pay down $140 million on the unsecured revolving credit facility and retire the $23.9 million loan secured by our Draper Peaks operating property and the $6.6 million loan secured by our Beacon Hill operating property. The amount that we may borrow under our unsecured revolving credit facility is based on the value of the assets in our unencumbered asset pool. The senior unsecured notes and the new unsecured term loan are included in the total borrowings outstanding for the purpose of determining the amount we may borrow under our unsecured revolving credit facility. Taking into account outstanding borrowings and letters of credit, we had $339.5 million available under our unsecured revolving credit facility for future borrowings as of December 31, 2015 . As of December 31, 2015 , $20 million was outstanding under the Credit Agreement and $500 million was outstanding under our unsecured term loans. Additionally, we had letters of credit outstanding which totaled $14.7 million , against which no amounts were advanced as of December 31, 2015 . Our ability to borrow under the Credit Agreement is subject to our compliance with various restrictive and financial covenants, including with respect to liens, indebtedness, investments, dividends, mergers and asset sales. As of December 31, 2015 , we were in compliance with all such covenants. Mortgage and Construction Loans Mortgage and construction loans are secured by certain real estate and in some cases by guarantees from the Operating Partnership, and are generally due in monthly installments of interest and principal and mature over various terms through 2030. The following table presents maturities of mortgage debt, corporate debt, and construction loans as of December 31, 2015 : ($ in thousands) Annual Principal Payments Term Maturity 1 Total 2016 $ 5,666 $ 261,041 $ 266,707 2017 5,103 17,026 22,129 2018 5,335 62,584 67,919 2019 5,255 20,000 25,255 2020 5,200 442,339 447,539 Thereafter 12,196 875,793 887,989 $ 38,755 $ 1,678,783 $ 1,717,538 Unamortized Premiums 16,521 Total $ 1,734,059 ____________________ 1 This presentation reflects the Company's exercise of its options to extend the maturity dates by one year to July 1, 2019 for the Company's unsecured credit facility and its option to extend the maturity date by six months to January 1, 2020 for the Company's unsecured term loan. Other Debt Activity For the year ended December 31, 2015 , we had total new loan borrowings of $984.3 million and total loan repayments of $835.0 million . In addition to the $250 million senior unsecured notes and the $270 million from new and expanded term loans, the major components of this activity are as follows: • In 2015, we drew $102.6 million on the unsecured revolving credit facility to redeem all the outstanding shares of our Series A Cumulative Redeemable Perpetual Preferred Shares; $59 million to fund a portion of the acquisitions of Colleyville Downs, Belle Isle Station, Livingston Shopping Center and Chapel Hill Shopping Center; $30 million to fund the acquisition of our partner's interest in our City Center operating property; and $14.7 million on construction loans related to development projects; • In 2015, we retired the $12.2 million loan secured by our Indian River operating property, the $26.2 million loan secured by our Plaza Volente operating property and the $50.1 million loan secured by our Landstown Commons operating property; • In December 2015, we entered into a new $33 million loan secured by our Crossing at Killingly operating property and paid down $44.9 million on the unsecured revolving credit facility utilizing proceeds from our property sales; • In August 2015, in connection with the acquisition of Chapel Hill Shopping Center, we assumed a $18.3 million loan secured by the operating property. As part of the estimated fair value determination, a debt premium of $0.2 million was recorded; • In March 2015, we used a portion of the proceeds from the sale of seven operating properties to retire the $24 million loan secured by the Regal Court property and to pay down $27 million on the unsecured revolving credit facility; and • We made scheduled principal payments on indebtedness totaling $6.5 million . In connection with the sale of seven operating properties in March 2015, the buyer assumed $40.3 million of loans secured by our Prattville Town Center, Walgreens Plaza, Fairgrounds Crossing and Eastside Junction operating properties. The amount of interest capitalized in 2015, 2014, and 2013 was $4.6 million , $4.8 million , and $5.1 million , respectively. Fair Value of Fixed and Variable Rate Debt As of December 31, 2015 , the estimated fair value of our fixed rate debt, was $1.1 billion compared to the book value of $1.0 billion . 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 3.78% to 6.78% . As of December 31, 2015 , the fair value of variable rate debt was $734.5 million compared to the book value of $711.0 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 1.78% to 2.68% .

Derivative Instruments, Hedging

Derivative Instruments, Hedging Activities and Other Comprehensive Income	12 Months Ended
	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments, Hedging Activities and Other Comprehensive Income	Derivative Instruments, Hedging Activities and Other Comprehensive Income In order to manage potential future volatility relating to variable interest rate risk, we enter into interest rate hedging agreements from time to time. We do not use derivatives for trading or speculative purposes nor do we have any derivatives that are not designated as cash flow hedges. The agreements with each of our derivative counterparties provide that, in the event of default on any of our indebtedness, we could also be declared in default on our derivative obligations. As of December 31, 2015 , we were party to various cash flow hedge agreements with notional amounts totaling $498.3 million . These hedge agreements effectively fix the interest rate underlying certain variable rate debt instruments over terms ranging from 2016 through 2020. Utilizing a weighted average interest rate spread over LIBOR on all variable rate debt resulted in fixing the weighted average interest rate at 2.75% . These interest rate hedge agreements are the only assets or liabilities that we record at fair value on a recurring basis. The valuation of these assets and liabilities is determined using widely accepted techniques including discounted cash flow analysis. These techniques 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. We also incorporate credit valuation adjustments into the fair value measurements to reflect nonperformance risk on both our part and that of the respective counterparties. 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. Our 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 we have 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 our counterparties. However, as of December 31, 2015 and 2014 , we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and have determined that the credit valuation adjustments are not significant to the overall valuation of our derivatives. As a result, we have determined that our derivative valuations are classified in Level 2 of the fair value hierarchy. As of December 31, 2015 , the estimated fair value of our interest rate hedges was a net liability of $4.8 million , including accrued interest of $0.4 million . As of December 31, 2015 , $0.2 million is reflected in prepaid and other assets and $5.0 million is reflected in accounts payable and accrued expenses on the accompanying consolidated balance sheet. At December 31, 2014 the estimated fair value of our interest rate hedges was a net liability of $4.4 million , including accrued interest of $0.5 million . As of December 31, 2014 , $0.7 million is reflected in prepaid and other assets and $5.1 million is reflected in accounts payable and accrued expenses on the accompanying consolidated balance sheet. 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 years ended December 31, 2015 , 2014 and 2013 , $5.6 million , $5.1 million and $2.8 million , respectively, were reclassified as a reduction to earnings. As the interest payments on our hedges are made over the next 12 months, we estimate the impact to increased interest expense to be $2.6 million .

Lease Information

Lease Information	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Lease Information	Lease Information Tenant Leases The Company receives rental income from the leasing of retail and office space under operating leases. The leases generally provide for certain increases in base rent, reimbursement for certain operating expenses and may require tenants to pay contingent rentals to the extent their sales exceed a defined threshold. The weighted average remaining term of the lease agreements is approximately 5.1 years. During the periods ended December 31, 2015 , 2014 , and 2013 , the Company earned overage rent of $1.4 million , $1.1 million , and $0.6 million , respectively. As of December 31, 2015 , future minimum rentals to be received under non-cancelable operating leases for each of the next five years and thereafter, excluding tenant reimbursements of operating expenses and percentage rent based on sales volume, are as follows: ($ in thousands) 2016 $ 255,764 2017 238,169 2018 203,888 2019 174,547 2020 150,735 Thereafter 743,848 Total $ 1,766,951 Lease Commitments As of December 31, 2015 , we are obligated under nine ground leases for approximately 43 acres of land with eight landowners. Most of these ground leases require fixed annual rent payments. The expiration dates of the remaining initial terms of these ground leases range from 2017 to 2083. These leases have five - to ten -year extension options ranging in total from 30 to 60 years. Ground lease expense incurred by the Company on these operating leases for the years ended December 31, 2015 , 2014 , and 2013 was $1.1 million , $0.7 million , and $0.7 million , respectively. We are obligated under a ground lease for one of our operating properties, Eddy Street Commons at the University of Notre Dame. The Company makes ground lease payments to the University of Notre Dame for the land beneath the initial phase of the development. This lease agreement is for a 75 -year term at a fixed payment for the first two years (June 2008-June 2010), after which payments are based on a percentage of certain gross revenues. Contingent amounts are not readily estimable and are not reflected in the table below for fiscal years 2016 and beyond. Future minimum lease payments due under ground leases for the next five years ending December 31 and thereafter are as follows: ($ in thousands) 2016 $ 1,494 2017 1,494 2018 1,132 2019 1,103 2020 1,088 Thereafter 44,583 Total $ 50,894

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
	Dec. 31, 2015
Stockholders' Equity Note [Abstract]
Shareholders’ Equity	Shareholders’ Equity Reverse Share Split On August 11, 2014, we completed a reverse share split of our common shares at a ratio of one new share for each four shares then outstanding. As a result of the reverse share split, the number of outstanding common shares was reduced from approximately 332.7 million shares to approximately 83.2 million shares. The reverse share split had the same impact on the number of outstanding operating partnership units. Authorized Common Shares In 2014, in preparation for our merger with Inland Diversified and upon approval from shareholders, we filed an amendment to our Articles of Amendment and Restatement of Declaration of Trust, as amended, with the State of Maryland State Department of Assessments and Taxation to increase the total number of authorized common shares of beneficial interest from 200,000,000 to 450,000,000 . In May 2015, upon approval from shareholders we filed an amendment to our Articles of Amendment and Restatement of Declaration of Trust, as amended, with the State of Maryland State Department of Assessments and Taxation to decrease the total number of authorized common shares of beneficial interest from 450,000,000 to 225,000,000 to reflect the decrease in the number of our common shares outstanding as a result of the one-for- four reverse share split in August 2014. Common Equity In November 2013, we completed an equity offering of 9.2 million common shares at an offering price of $24.64 per share for net offering proceeds of $217 million . We initially used the proceeds to repay borrowings under our unsecured revolving credit facility and subsequently redeployed the proceeds to fund a portion of the purchase price of the portfolio of nine unencumbered retail properties (see Note 8). In April and May of 2013, we completed an equity offering of 3.9 million common shares at an offering price of $26.20 per share for net offering proceeds of $97 million . We initially used the proceeds to repay borrowings under our unsecured revolving credit facility and subsequently redeployed the proceeds to acquire Cool Springs Market, Castleton Crossing, and Toringdon Market (see Note 8). Accrued but unpaid distributions on common shares and units were $23.7 million and $22.1 million as of December 31, 2015 and 2014 , respectively, and are included in accounts payable and accrued expenses in the accompanying consolidated balance sheets. These distributions were paid in January of the following year. Preferred Equity On December 7, 2015, we redeemed all 4,100,000 outstanding shares of our 8.25% Series A Cumulative Redeemable Perpetual Preferred Shares (the “Series A Preferred Shares”). The Series A Preferred Shares were redeemed at a redemption price of $25.00 per share, plus $0.0287 per share, the amount equal to accrued and unpaid dividends since the previous payment date. The Series A Preferred Shares had a total redemption value of approximately $102.6 million . The carrying value of these preferred shares in equity, prior to the redemption, was net of the original issuance costs. Therefore, in conjunction with the redemption, approximately $3.8 million of initial issuance costs were written off as a non-cash charge against income attributable to common shareholders. Dividend Reinvestment and Share Purchase Plan We maintain a Dividend Reinvestment and Share Purchase Plan (the “Plan”) which offers investors the option to invest all or a portion of their common share dividends in additional common shares. In addition, a direct share purchase option permits Plan participants and new investors to purchase common shares by making optional cash investments with certain restrictions. Distribution Payments Our Board of Trustees declared a cash distribution of $0.2725 per common share and Common Unit for the fourth quarter of 2015 . This distribution was paid on January 13, 2016 to common shareholders and Common Unit holders of record as of January 6, 2016.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	Quarterly Financial Data (Unaudited) Presented below is a summary of the consolidated quarterly financial data for the years ended December 31, 2015 and 2014 . ($ in thousands) Quarter Ended Quarter Ended Quarter Ended Quarter Ended Total revenue $ 86,828 $ 83,735 $ 87,147 89,295 Operating income 18,483 16,099 16,911 20,307 Income from continuing operations 4,499 7,235 2,961 10,402 Gain on sale of operating properties, net 3,363 — — 854 Consolidated net income 7,862 7,235 2,961 11,256 Net income from continuing operations attributable to Kite Realty Group Trust common shareholders 7,179 6,727 2,526 10,685 Net income attributable to Kite Realty Group Trust common shareholders 5,065 4,613 412 $ 5,353 Net income per common share – basic and diluted: Net income from continuing operations attributable to Kite Realty Group Trust common shareholders 0.06 0.06 0.00 0.06 Net income attributable to Kite Realty Group Trust common shareholders 0.06 0.06 0.00 0.06 Weighted average Common Shares outstanding - basic 83,532,092 83,506,078 83,325,074 83,327,664 Weighted average Common Shares outstanding - diluted 83,625,352 83,803,879 83,433,379 83,438,844 ($ in thousands) Quarter Ended Quarter Ended Quarter Ended Quarter Ended Total revenue $ 42,660 $ 40,843 $ 88,576 $ 87,448 Operating income 5,206 4,319 (1,316 ) 21,120 (Loss) income from continuing operations (2,217 ) (3,196 ) (16,729 ) 5,786 Income (loss) from discontinued operations 3,198 — — — Gain on sale of operating properties, net 3,490 — 2,749 2,243 Consolidated net income (loss) 4,471 (3,196 ) (13,980 ) 8,029 Net income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders 4,332 (2,976 ) (14,284 ) 7,227 Net income (loss) attributable to Kite Realty Group Trust common shareholders 2,218 (5,090 ) (16,398 ) 5,113 Net (loss) income per common share – basic and diluted: Net (loss) income from continuing operations attributable to Kite Realty Group Trust common shareholders 0.00 (0.16 ) (0.20 ) 0.06 Net income (loss) attributable to Kite Realty Group Trust common shareholders 0.08 (0.16 ) (0.20 ) 0.06 Weighted average Common Shares outstanding - basic 32,755,898 32,884,467 83,455,900 83,478,680 Weighted average Common Shares outstanding - diluted 32,755,898 32,884,467 83,455,900 83,727,400

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Other Commitments and Contingencies We are not subject to any material litigation nor, to management’s knowledge, is any material litigation currently threatened against us. We are parties to 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 our consolidated financial statements. We are obligated under various completion guarantees with certain lenders and lease agreements with tenants to complete all or portions of the development and redevelopment projects. We believe we currently have sufficient financing in place to fund these projects and expect to do so primarily through existing construction loans. In addition, if necessary, we may make draws on our unsecured revolving credit facility. As of December 31, 2015 , we had outstanding letters of credit totaling $14.7 million . At that date, there were no amounts advanced against these instruments. Previously Assumed Earnout Liability Six of our properties, which were acquired from Inland Diversified, had earnout components as of the Merger date, whereby we are required to pay the original seller of those properties (not Inland Diversified) additional consideration based on whether those sellers were able to identify tenants and lease certain vacant space. The potential earnout liability was $1.4 million and $9.7 million at December 31, 2015 and 2014, respectively. While the remaining accrued amount at December 31, 2015 represents our best estimate of the ultimate settlement, any difference between the accrual and settlement would impact earnings and be reflected in the consolidated statements of operations. The table below presents the change in our earnout liability for the twelve months ended December 31, 2015 . ($ in thousands) Twelve Months Ended Earnout liability – beginning of period $ 9,664 Decreases: Settlement of earnout obligations (2,581 ) Adjustments to estimated fair value determination during the Merger measurement period (871 ) Non-cash gain from release of assumed earnout liability (4,832 ) Earnout liability – end of period $ 1,380 We recorded a non-cash gain from the release of assumed earnout liability of $4.8 million for the year ended December 31, 2015. The expiration date of the associated earnout liability was December 28, 2015 and the original sellers were unable to perform the necessary leasing activity that would have resulted in payment of the previously estimated obligation. As such, because the Merger measurement period had closed, the reduction of this assumed contingent obligation impacted earnings.

Supplemental Schedule of Non-Ca

Supplemental Schedule of Non-Cash Investing/Financing Activities	12 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Supplemental Schedule of Non-Cash Investing/Financing Activities	Supplemental Schedule of Non-Cash Investing/Financing Activities The following schedule summarizes the non-cash investing and financing activities of the Company for the years ended December 31, 2015 , 2014 and 2013 : ($ in thousands) Year Ended December 31, 2015 2014 2013 Assumption of mortgages upon completion of Merger including debt premium of $33,298 $ — $ 892,909 $ — Properties and other assets acquired upon completion of Merger — 2,367,600 — Marketable securities acquired upon completion of Merger — 18,602 — Assumption of debt in connection with acquisition of Rampart Commons including debt premium of $2,221 — 14,586 — Accrued distribution to preferred shareholders — 705 705 Extinguishment of mortgages upon transfer of Tranche I operating properties — 75,800 — Assumption of mortgages by buyer upon sale of properties 40,303 — — Assumption of debt in connection with acquisition of Chapel Hill Shopping Center including debt premium of $212 18,462 — — Extinguishment of mortgage upon transfer of Kedron Village operating property — — 29,195 Net assets of Kedron Village transferred to lender (excluding non-recourse debt) — — 27,953

Related Parties and Related Par

Related Parties and Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Parties and Related Party Transactions	Related Parties and Related Party Transactions Subsidiaries of the Company provide certain management, construction management and other services to certain unconsolidated entities and entities owned by certain members of the Company’s management. During the years ended December 31, 2015 , 2014 and 2013 , we earned $0 from unconsolidated entities, and less than $0.1 million during each year presented, from entities owned by certain members of management. We reimburse an entity owned by certain members of our management for travel and related services. During the years ended December 31, 2015 , 2014 and 2013 , amounts paid by the Company to this related entity were $0.4 million , $0.4 million , and $0.3 million , respectively.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Dividend Declaration On February 4, 2016, the Board of Trustees declared a cash distribution of $0.2875 for the first quarter of 2016 to common shareholders and Common Unit holders of record as of April 6, 2016, which represents a 5.5% increase over our previous quarterly distribution. The distribution is expected to be paid on or about April 13, 2016. Retirement of Secured Debt On February 11, 2016, we retired the $16.3 million loan secured by our Cool Creek Commons operating property using a draw on our unsecured revolving credit facility. Forward-Starting Interest Rate Swap On January 6, 2016, we entered into two forward-starting interest rate swaps that will effectively fix the interest rate on $150 million of previously unhedged variable rate debt at 3.208% . The effective date of the swaps is June 30, 2016 and will expire on July 1, 2021. Outperformance Plan On January 28, 2016, the Compensation Committee of the Board of Trustees of Kite Realty Group Trust adopted the 2016 Outperformance Program for members of executive management and certain other employees, pursuant to which participants are eligible to earn units in the Operating Partnership based on the achievement of certain performance criteria related to the Company’s common shares. Participants in the 2016 Outperformance Plan were awarded the right to earn, in the aggregate, up to $6 million of share-settled awards (the “bonus pool”) if, and only to the extent of which, based on our total shareholder return (“TSR”) performance measures are achieved for the three -year period beginning January 4, 2016 and ending December 31, 2018. Awarded interests not earned based on the TSR measures are forfeited. At the end of the three -year performance period, participants will receive their percentage interest in the bonus pool as units in the Operating Partnership that vest over an additional two -year service period. The compensation cost of the 2016 Outperformance Plan is fixed as of the grant date and is recognized regardless of whether the units are ultimately earned if the required service is determined. Restricted Award Grants In February 2016, a total of 103,685 restricted awards were granted to members of executive management and certain other employees. The restricted awards will vest ratably over periods ranging from three to five years. Performance Awards In February 2016, the Compensation Committee awarded each executive officer a three -year performance award of restricted shares units ("PSUs"). These PSUs may be earned over a three -year performance period from January 1, 2016 to December 31, 2018. The performance criteria are based on the relative total shareholder return ("TSR") achieved by the Company measured against a peer group over the three -year measurement period. Any PSUs earned at the end of the three -year period will be fully vested. The total number of PSUs issued to the executive officers was based on a target value of $1.0 million . The number of PSUs that may be earned will range from 50% to 200% of the target value depending on our TSR of the measurement period in relation to the peer group.

Schedule III - Consolidated Rea

Schedule III - Consolidated Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III - Consolidated Real Estate and Accumulated Depreciation	Schedule III Consolidated Real Estate and Accumulated Depreciation ($ in thousands) Initial Cost Cost Capitalized Subsequent to Acquisition/Development Gross Carrying Amount Close of Period Building & Building & Building & Accumulated Year Built / Year Name Encumbrances Land Improvements Land Improvements Land Improvements Total Depreciation Renovated Acquired Operating Properties 12th Street Plaza $ — $ 2,624 $ 13,432 $ — $ 190 $ 2,624 $ 13,622 $ 16,246 $ 2,103 1978/2003 2012 54th & College * — 2,672 — — — 2,672 — 2,672 — 2008 NA Bayonne Crossing 45,000 47,809 44,297 — 627 47,809 44,924 92,733 2,874 2011 2014 Bayport Commons 12,325 7,413 21,846 — 1,373 7,413 23,219 30,632 4,952 2008 NA Beacon Hill * — 3,293 13,528 — 798 3,293 14,326 17,619 3,215 2006 NA Bell Oaks Centre 6,548 1,230 12,742 — 97 1,230 12,839 14,069 1,007 2008 2014 Belle Isle * — 9,130 41,493 — — 9,130 41,493 50,623 1,437 2000 2015 Bolton Plaza * — 3,733 18,995 — 761 3,733 19,756 23,489 6,523 1986/2014 NA Boulevard Crossing 11,290 4,386 9,521 — 2,000 4,386 11,521 15,907 4,093 2004 NA Bridgewater Marketplace * — 3,407 8,694 — 81 3,407 8,775 12,182 2,103 2008 NA Burlington Coat Factory * — 29 2,773 — — 29 2,773 2,802 1,024 1992/2000 2000 Burnt Store Promenade * — 5,107 6,214 — 75 5,107 6,289 11,396 1,261 1989 2013 Cannery Corner — 6,267 10,559 — 78 6,267 10,637 16,904 802 2008 2014 Castleton Crossing * — 9,761 29,400 — 140 9,761 29,540 39,301 4,625 1975 2013 Chapel Hill Shopping Center 18,250 — 35,215 — — — 35,215 35,215 592 2001 2015 Centennial Center 70,455 58,960 73,080 — 436 58,960 73,516 132,476 8,306 2002 2014 Centennial Gateway 44,385 5,305 49,295 — 171 5,305 49,466 54,771 4,079 2005 2014 Centre Point Commons 14,410 2,918 22,813 — 243 2,918 23,056 25,974 1,632 2007 2014 Clay Marketplace * — 1,398 8,753 — 25 1,398 8,778 10,176 1,015 1966/2003 2013 Cobblestone Plaza * — 11,221 46,276 — 147 11,221 46,423 57,644 7,118 2011 NA Colonial Square 25,000 11,743 31,568 — 190 11,743 31,758 43,501 1,818 2010 2014 Colleyville Downs * — 5,446 38,696 — — 5,446 38,696 44,142 1,678 2014 2015 Cool Creek Commons * 16,330 6,062 13,971 — 1,430 6,062 15,401 21,463 4,875 2005 NA Cool Springs Market * — 12,684 23,082 — 2,026 12,684 25,108 37,792 4,394 1995 2013 Cove Center * — 2,036 18,603 — 489 2,036 19,092 21,128 5,531 1984/2008 2012 Crossing at Killingly Commons 33,000 21,999 35,242 — 141 21,999 35,383 57,382 2,537 2010 2014 Delray Marketplace 56,833 18,750 90,524 1,284 3,200 20,034 93,724 113,758 8,555 2013 NA DePauw University Bookstore & Café — 64 663 — 45 64 708 772 179 2012 NA Draper Crossing * — 9,054 28,540 — 159 9,054 28,699 37,753 2,591 2012 2014 Draper Peaks * — 11,498 48,877 522 557 12,020 49,434 61,454 3,634 2012 2014 Eastern Beltway 34,100 23,221 49,648 — 96 23,221 49,744 72,965 4,650 1998/2006 2014 Eastgate — 4,073 21,350 — 47 4,073 21,397 25,470 2,071 2002 2014 Eastgate Pavilion * — 8,122 19,807 — 858 8,122 20,665 28,787 7,711 1995 2004 Eddy Street Commons 23,946 1,900 37,858 — 556 1,900 38,414 40,314 7,604 2009 NA Estero Town Commons * — 8,973 9,968 — 85 8,973 10,053 19,026 2,352 2006 NA Fox Lake Crossing * — 5,685 9,324 — 240 5,685 9,564 15,249 3,204 2002 2005 Gainesville Plaza * — 5,437 18,237 — 776 5,437 19,013 24,450 3,770 2015 2004 Initial Cost Cost Capitalized Subsequent to Acquisition/Development Gross Carrying Amount Close of Period Building & Building & Building & Accumulated Year Built / Year Name Encumbrances Land Improvements Land Improvements Land Improvements Total Depreciation Renovated Acquired Operating Properties (continued) Geist Pavilion 10,557 1,368 9,481 — 1,674 1,368 11,155 12,523 3,890 2006 NA Glendale Town Center * — 1,494 44,230 — 1,618 1,494 45,848 47,342 24,226 1958/2008 1999 Greyhound Commons * — 2,629 794 — 887 2,629 1,681 4,310 532 2005 NA Hamilton Crossing - Phase II & III * — 2,859 23,709 — 56 2,859 23,765 26,624 1,555 2008 2014 Hitchcock Plaza * — 4,260 22,076 — 36 4,260 22,112 26,372 1,252 2006 2014 Holly Springs Towne Center * — 12,319 46,897 — 2,524 12,319 49,421 61,740 4,114 2013 NA Hunters Creek Promenade * — 8,335 12,842 — 357 8,335 13,199 21,534 1,178 1994 2013 Indian River Square * — 5,100 6,359 — 545 5,100 6,904 12,004 2,099 1997/2004 2005 International Speedway Square * 19,694 7,769 18,057 — 9,288 7,769 27,345 35,114 12,673 1999 NA King's Lake Square * — 4,519 15,754 — 242 4,519 15,996 20,515 6,042 1986/2014 2003 Kingwood Commons * — 5,715 31,012 — 22 5,715 31,034 36,749 3,558 1999 2013 Lake City Commons * — 3,415 10,242 — 26 3,415 10,268 13,683 761 2008 2014 Lake City Commons- Phase II — 1,277 2,247 — 16 1,277 2,263 3,540 167 2011 2014 Lake Mary Plaza 5,080 1,413 8,726 — 34 1,413 8,760 10,173 503 2009 2014 Lakewood Promenade * — 1,783 25,604 — 546 1,783 26,150 27,933 3,407 1948/1998 2013 Landstown Commons * — 19,329 92,114 — 1,925 19,329 94,039 113,368 6,979 2007 2014 Lima Marketplace 8,383 4,703 15,732 — 548 4,703 16,280 20,983 1,217 2008 2014 Lithia Crossing * — 3,065 10,049 — 5,361 3,065 15,410 18,475 2,876 1993/2003 2011 Livingston Shopping Center * — 10,372 35,693 — — 10,372 35,693 46,065 618 1997 2015 Lowe's Plaza — 2,125 6,100 — 1 2,125 6,101 8,226 510 2007 2014 Market Street Village * — 9,764 17,123 — 2,025 9,764 19,148 28,912 6,033 1970/2004 2005 Memorial Commons * — 1,568 14,651 — 309 1,568 14,960 16,528 848 2008 2014 Merrimack Village Center 5,445 1,921 12,787 — — 1,921 12,787 14,708 976 2007 2014 Miramar Square 31,625 26,392 31,027 489 449 26,881 31,476 58,357 2,258 2008 2014 Mullins Crossing * 20,471 10,582 42,403 — 294 10,582 42,697 53,279 4,260 2005 2014 Naperville Marketplace 7,940 5,364 11,830 — — 5,364 11,830 17,194 2,977 2008 NA Northcrest Shopping Center 15,780 4,044 33,985 — 31 4,044 34,016 38,060 1,962 2008 2014 Northdale Promenade * — 1,718 23,123 — 367 1,718 23,490 25,208 3,707 1985/2002 2013 Oleander Place * — 863 6,159 — — 863 6,159 7,022 1,232 2012 2011 Palm Coast Landing 22,550 4,962 38,013 — 186 4,962 38,199 43,161 2,485 2010 2014 Parkside Town Commons- Phase I 18,804 2,568 39,720 540 850 3,108 40,570 43,678 2,185 2015 NA Perimeter Woods 33,330 35,793 27,277 — 41 35,793 27,318 63,111 1,655 2008 2014 Pine Ridge Crossing 16,646 5,640 17,088 — 1,044 5,640 18,132 23,772 4,876 1993 2006 Plaza at Cedar Hill * — 5,782 37,855 — 10,011 5,782 47,866 53,648 16,850 2000 2004 Plaza Volente * — 4,600 29,074 — 746 4,600 29,820 34,420 9,650 2004 2005 Pleasant Hill Commons 6,752 3,350 10,128 — 133 3,350 10,261 13,611 799 2008 2014 Portofino Shopping Center * — 4,754 75,761 — 1,478 4,754 77,239 81,993 8,986 1999 2013 Publix at Acworth 5,872 1,357 8,229 39 1,078 1,396 9,307 10,703 3,104 1996 2004 Initial Cost Cost Capitalized Subsequent to Acquisition/Development Gross Carrying Amount Close of Period Building & Building & Building & Accumulated Year Built / Year Name Encumbrances Land Improvements Land Improvements Land Improvements Total Depreciation Renovated Acquired Operating Properties (continued) Publix at St. Cloud * — 2,735 11,820 — 35 2,735 11,855 14,590 1,131 2003 2014 Publix at Woodruff * — 1,783 7,344 — 155 1,783 7,499 9,282 2,322 1997 2012 Rampart Commons 11,855 1,136 29,097 — 831 1,136 29,928 31,064 1,810 1998 2014 Rangeline Crossing * — 2,043 18,490 — 58 2,043 18,548 20,591 4,467 1986/2013 NA Riverchase Plaza 9,987 3,889 11,422 — 1,197 3,889 12,619 16,508 3,522 1991/2001 2006 Rivers Edge * — 5,647 31,439 — 122 5,647 31,561 37,208 5,446 2011 2008 Saxon Crossing 11,400 3,764 16,822 — 4 3,764 16,826 20,590 1,206 2009 2014 Shoppes at Plaza Green * — 3,749 24,652 — 1,192 3,749 25,844 29,593 4,332 2000 2012 Shoppes of Eastwood * — 1,688 10,581 — 391 1,688 10,972 12,660 2,346 1997 2013 Shops at Eagle Creek * — 5,378 8,016 199 4,692 5,577 12,708 18,285 3,525 1998 2003 Shops at Julington Creek 4,785 2,372 8,011 — 46 2,372 8,057 10,429 640 2011 2014 Shops at Moore 21,300 8,030 33,535 — 73 8,030 33,608 41,638 3,138 2010 2014 Silver Springs Pointe 8,800 9,685 7,720 — 189 9,685 7,909 17,594 1,065 2001 2014 South Elgin Commons * — 3,916 22,140 — 25 3,916 22,165 26,081 1,554 2011 2014 Stoney Creek Commons * — 628 4,599 — 5,830 628 10,429 11,057 2,239 2000 NA Sunland Towne Centre * 23,610 14,773 22,587 — 4,958 14,773 27,545 42,318 8,836 1996 2004 Tarpon Springs Plaza * — 4,273 24,483 — 167 4,273 24,650 28,923 6,356 2007 NA Temple Terrace * — 2,245 9,321 — 50 2,245 9,371 11,616 556 2012 2014 The Centre at Panola * 2,271 1,986 8,191 — 330 1,986 8,521 10,507 3,118 2001 2004 The Corner 14,750 3,772 24,642 — 62 3,772 24,704 28,476 1,452 2008 2014 The Landing at Tradition * — 18,505 46,399 — 395 18,505 46,794 65,299 4,097 2007 2014 Toringdon Market * — 5,448 9,694 — 16 5,448 9,710 15,158 1,272 2004 2013 Traders Point 42,724 9,443 37,203 — 591 9,443 37,794 47,237 12,729 2005 NA Traders Point II * — 2,376 6,876 — 904 2,376 7,780 10,156 2,356 2005 NA Tradition Village Center * — 3,140 14,905 — 58 3,140 14,963 18,103 1,185 2006 2014 Trussville Promenade * — 9,123 45,433 — 481 9,123 45,914 55,037 5,769 1999 2013 University Town Center 18,690 4,125 31,759 — 112 4,125 31,871 35,996 2,202 2009 2014 University Town Center - Phase II 20,700 7,902 24,262 — 4 7,902 24,266 32,168 1,999 2012 2014 Village at Bay Park 9,183 8,248 11,050 — 7 8,248 11,057 19,305 1,300 2005 2014 Village Walk — 2,554 12,432 — 30 2,554 12,462 15,016 731 2009 2014 Waterford Lakes Village * — 2,317 7,420 — 278 2,317 7,698 10,015 3,071 1997 2004 Waxahachie Crossing 7,750 1,411 16,323 — 37 1,411 16,360 17,771 1,153 2010 2014 Westside Market * — 4,194 17,723 — 48 4,194 17,771 21,965 819 2013 2014 Wheatland Towne Crossing * — 6,622 31,122 — — 6,622 31,122 37,744 1,924 2012 2014 Whitehall Pike 5,732 3,695 6,112 — 236 3,695 6,348 10,043 4,127 1999 NA Total Operating Properties 854,338 750,876 2,532,460 3,073 86,489 753,949 2,618,949 3,372,898 382,710 Initial Cost C ost Capitalized Subsequent to Acquisition/Development Gross Carrying Amount Close of Period Building & Building & Building & Accumulated Year Built / Year Name Encumbrances Land Improvements Land Improvements Land Improvements Total Depreciation Renovated Acquired Office Properties Thirty South 18,100 1,643 9,715 — 18,617 1,643 28,332 29,975 11,647 1905/2002 2001 Union Station Parking Garage * — 904 2,650 — 884 904 3,534 4,438 1,417 1986 2001 Total Office Properties 18,100 2,547 12,365 — 19,501 2,547 31,866 34,413 13,064 Development and Redevelopment Properties Beechwood Promenade * — 2,734 45,763 — — 2,734 45,763 48,497 4,939 NA NA City Center * — 20,565 162,307 — — 20,565 162,307 182,872 9,778 NA NA Courthouse Shadows * — 4,999 16,275 — — 4,999 16,275 21,274 4,064 NA NA Fishers Station 7,168 3,736 12,373 — — 3,736 12,373 16,109 6,018 NA NA Hamilton Crossing Centre 10,794 5,549 10,257 — — 5,549 10,257 15,806 3,424 NA NA Holly Springs Towne Center - Phase II * — 12,444 31,022 — — 12,444 31,022 43,466 — NA NA Parkside Town Commons - Phase II 57,138 18,992 59,325 — — 18,992 59,325 78,317 1,566 NA NA Tamiami Crossing * — 18,871 17,591 — — 18,871 17,591 36,462 — NA NA The Corner * — 304 5,466 — — 304 5,466 5,770 3,367 Total Development and Redevelopment Properties 75,100 88,194 360,379 — — 88,194 360,379 448,573 33,156 Other ** Beacon Hill * — 2,447 — — — 2,447 — 2,447 — NA NA Bridgewater Marketplace * — 2,105 — — — 2,105 — 2,105 — NA NA Deerwood Lake * — — 21,235 — — — 21,235 21,235 — NA NA Eddy Street Commons * — 3,425 — — — 3,425 — 3,425 — NA NA Fox Lake Crossing II — 3,459 — — — 3,459 — 3,459 — NA NA KRG Development — — 781 — — — 781 781 — NA NA KRG New Hill * — 5,641 — — — 5,641 — 5,641 — NA NA KR Peakway — 6,033 — — — 6,033 — 6,033 — NA NA KRG Peakway — 16,311 — — — 16,311 — 16,311 — NA NA Pan Am Plaza — 8,812 — — — 8,812 — 8,812 — NA NA Parkside Town Commons - Phase III — — 47 — — — 47 47 — NA NA Total Other — 48,233 22,063 — — 48,233 22,063 70,296 — Line of credit/Term Loan/Unsecured notes 770,000 — — — — — — — — NA NA Grand Total $ 1,717,538 $ 889,850 $ 2,927,267 $ 3,073 $ 105,990 $ 892,923 $ 3,033,257 $ 3,926,180 $ 428,930 ____________________ * This property or a portion of the property is included as an unencumbered pool property used in calculating our line of credit borrowing base. ** This category generally includes land held for development. We also have certain additional land parcels at our development and operating properties, which amounts are included elsewhere in this table. Note 1. Reconciliation of Investment Properties The changes in investment properties of the Company for the years ended December 31, 2015 , 2014 , and 2013 are as follows: 2015 2014 2013 Balance, beginning of year $ 3,897,131 $ 1,872,088 $ 1,390,213 Merger and Acquisitions 176,068 2,128,278 419,080 Improvements 92,717 103,688 111,968 Impairment (2,293 ) — — Disposals (237,443 ) (206,923 ) (49,173 ) Balance, end of year $ 3,926,180 $ 3,897,131 $ 1,872,088 The unaudited aggregate cost of investment properties for federal tax purposes as of December 31, 2015 was $3.1 billion . Note 2. Reconciliation of Accumulated Depreciation The changes in accumulated depreciation of the Company for the years ended December 31, 2015 , 2014 , and 2013 are as follows: 2015 2014 2013 Balance, beginning of year $ 313,524 $ 229,286 $ 190,972 Depreciation expense 141,516 103,155 49,392 Impairment (833 ) — — Disposals (25,277 ) (18,917 ) (11,078 ) Balance, end of year $ 428,930 $ 313,524 $ 229,286 Depreciation of investment properties reflected in the statements of operations is calculated over the estimated original lives of the assets as follows: Buildings 20-35 years Building improvements 10-35 years Tenant improvements Term of related lease Furniture and Fixtures 5-10 years All other schedules have been omitted because they are inapplicable, not required or the information is included elsewhere in the consolidated financial statements or notes thereto.

Basis of Presentation and Sum27

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Consolidation and Investments in Joint Ventures	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: • our 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 December 31, 2015 , we had an investment in one joint venture that is a VIE in which we are the primary beneficiary. As of this date, the VIE had total debt of $56.8 million which is secured by assets of the VIE totaling $107.2 million . The Operating Partnership guarantees the debt of the VIE. We consider all relationships between the Company and the VIE, including development agreements, management agreements and other contractual arrangements, in determining whether we have the power to direct the activities of the VIE that most significantly affect the VIE’s performance. We also continuously reassess primary beneficiary status. During the twelve months ended December 31, 2015 , 2014 and 2013 there were no changes to our conclusions regarding whether an entity qualifies as a VIE or whether we are the primary beneficiary of any previously identified VIE.
Acquisition of Real Estate Properties	Acquisition of Real Estate Properties Upon acquisition of real estate operating properties, we estimate the fair value of acquired identifiable tangible assets and identified intangible assets and liabilities, assumed debt, and any noncontrolling interest in the acquiree at the date of acquisition, based on evaluation of information and estimates available at that date. Based on these estimates, we record the estimated fair value to the applicable assets and liabilities. In making estimates of fair values, a number of sources are utilized, including information obtained as a result of pre-acquisition due diligence, marketing and leasing activities. The estimates of fair value were determined to have primarily relied upon Level 2 and Level 3 inputs. Fair value is determined for tangible assets and intangibles, including: • the fair value of the building on an as-if-vacant basis and the fair value of land determined either by comparable market data, real estate tax assessments, independent appraisals or other relevant data; • above-market and below-market in-place lease values for acquired properties, which are based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management’s estimate of fair market lease rates for the corresponding in-place leases, measured over the remaining non-cancelable term of the leases. Any below-market renewal options are also considered in the in-place lease values. The capitalized above-market and below-market lease values are amortized as a reduction of or addition to rental income over the term of the lease. Should a tenant vacate, terminate its lease, or otherwise notify us of its intent to do so, the unamortized portion of the lease intangibles would be charged or credited to income; • the value of leases acquired. We utilize independent and internal sources for our estimates to determine the respective in-place lease values. Our estimates of value are made using methods similar to those used by independent appraisers. Factors we consider in our analysis include an estimate of costs to execute similar leases including tenant improvements, leasing commissions and foregone costs and rent received during the estimated lease-up period as if the space was vacant. The value of in-place leases is amortized to expense over the remaining initial terms of the respective leases; and • the fair value of any assumed financing that is determined to be above or below market terms. We utilize third party and independent sources for our estimates to determine the respective fair value of each mortgage payable. The fair market value of each mortgage payable is amortized to interest expense over the remaining initial terms of the respective loan. We also consider whether there is any value to in-place leases that have a related customer relationship intangible value. Characteristics the Company considers in determining these values include the nature and extent of existing business relationships with the tenant, growth prospects for developing new business with the tenant, the tenant’s credit quality, and expectations of lease renewals, among other factors. To date, a tenant relationship has not been developed that is considered to have a current intangible value. We finalize the measurement period of our business combinations when all facts and circumstances are understood, but in no circumstances to exceed one year. Certain properties we acquired from the Merger included earnout components to the purchase price, meaning Inland Diversified did not pay a portion of the purchase price of the property at closing, although they owned the entire property. We are not obligated to pay the contingent portion of the purchase prices unless space which was vacant at the time of acquisition is later leased by the seller within the time limits and parameters set forth in the acquisition agreements. If at the end of the time limits certain space has not been leased, occupied and rent producing, we will have no further obligation to pay the additional purchase price consideration and we will retain ownership of that entire property. The liability for potential future earnout payments was determined using estimated fair value measurements at the end of the period which included the lease-up periods, market rents and probability of occupancy. As these earnouts were the original obligation of the previous owner, our assumption of these earnouts is similar to the assumption of a contingent obligation. The earnout payments are based on a predetermined formula applied to rental income received. The earnouts are recorded as an addition to the purchase price of the related properties and as a liability included in deferred revenue and intangibles, net and other liabilities on the accompanying consolidated balance sheets. Subsequent to the measurement period, any adjustment to the assumed earnout liability is reflected in the consolidated statements of operations. The Company determined that it was the acquirer for accounting purposes in the merger with Inland Diversified. We considered the continuation of the Company’s existing management and a majority of the existing board members as the most significant considerations in our analysis. Additionally, Inland Diversified had previously announced the transaction as a liquidation event and we believe this transaction was an acquisition of Inland Diversified by the Company. See Note 8 for additional discussion.
Investment Properties	Investment Properties Capitalization and Depreciation Investment properties are recorded at cost and include costs of land acquisition, development, pre-development, construction, certain allocated overhead, tenant allowances and improvements, and interest and real estate taxes incurred during construction. Significant renovations and improvements are capitalized when they extend the useful life, increase capacity, or improve the efficiency of the asset. If a tenant vacates a space prior to the lease expiration, terminates its lease, or otherwise notifies the Company of its intent to do so, any related unamortized tenant allowances are expensed over the shortened lease period. Maintenance and repairs that do not extend the useful lives of the respective assets are reflected in property operating expense. Pre-development costs are incurred prior to vertical construction and for certain land held for development acquisitions during the due diligence phase and include contract deposits, legal, engineering, cost of internal resources and other professional fees related to evaluating the feasibility of developing or redeveloping a shopping center or other project. These pre-development costs are capitalized and included in construction in progress in the accompanying consolidated balance sheets. If we determine that the completion of a development project is no longer probable, all previously incurred pre-development costs are immediately expensed. Once construction commences on the land, it is transferred to construction in progress. We also capitalize costs such as acquisition of land, construction of buildings, interest, real estate taxes, and the costs of personnel directly involved with the development of our properties. As a portion of a development property becomes operational, we expense a pro rata amount of related costs. Depreciation on buildings and improvements is provided utilizing the straight-line method over estimated original useful lives ranging from 10 to 35 years. Depreciation on tenant allowances and tenant improvements are provided utilizing the straight-line method over the term of the related lease. Depreciation on equipment and fixtures is provided utilizing the straight-line method over 5 to 10 years. Depreciation may be accelerated for a redevelopment project including partial demolition of existing structure after the asset is assessed for impairment.
Impairment	Impairment Management reviews operational properties, development properties, land parcels and intangible assets for impairment on at least a quarterly basis or whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The review for possible impairment requires management to make certain assumptions and estimates and requires significant judgment. Impairment losses for investment properties and intangible assets are measured when the undiscounted cash flows estimated to be generated by the investment properties during the expected holding period are less than the carrying amounts of those assets. Impairment losses are recorded as the excess of the carrying value over the estimated fair value of the asset. If the Company decides to sell or otherwise dispose of an asset, its carrying value may differ from its sales price.
Held for Sale and Discontinued Operations	Held for Sale and Discontinued Operations Operating properties classified as "held for sale" include only those properties available for immediate sale in their present condition and for which management believes it is probable that a sale of the property will be completed within one year among other factors. Operating properties held for sale are carried at the lower of cost or fair value less costs to sell. Depreciation and amortization are suspended during the period during which the asset is held-for-sale. In the first quarter of 2014, we adopted the provisions of ASU 2014-8, 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, which will result in fewer real estate sales being classified within discontinued operations as only disposals representing a strategic shift in operations will be presented as discontinued operations .
Escrow Deposits	Escrow Deposits Escrow deposits consist of cash held for real estate taxes, property maintenance, insurance and other requirements at specific properties as required by lending institutions and certain municipalities.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments purchased with an original maturity of 90 days or less to be cash and cash equivalents. From time to time, such investments may temporarily be held in accounts that are in excess of FDIC and SIPC insurance limits; however the Company attempts to limit its exposure at any one time. As of December 31, 2014, cash and cash equivalents included $16.1 million of funds set aside by the Company to affect a tax deferred purchase of real estate. Such funds were not considered available for general corporate purposes.
Fair Value Measurements	Fair Value Measurements We follow the framework established under accounting standard FASB ASC 820 for measuring fair value of non-financial assets and liabilities that are not required or permitted to be measured at fair value on a recurring basis but only in certain circumstances, such as a business combination or upon determination of an impairment. Assets and liabilities recorded at fair value on the consolidated balance sheets are categorized based on the inputs to the valuation techniques as follows: • Level 1 fair value inputs are quoted prices in active markets for identical instruments to which we have access. • Level 2 fair value inputs are inputs other than quoted prices included in Level 1 that are observable for similar instruments, either directly or indirectly, and appropriately considers counterparty creditworthiness in the valuations. • Level 3 fair value inputs reflect our best estimate of inputs and assumptions market participants would use in pricing an instrument at the measurement date. The inputs are unobservable in the market and significant to the valuation estimate. 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. Our 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. As discussed in Note 11, the Company has determined that its derivative valuations are classified in Level 2 of the fair value hierarchy. Cash and cash equivalents, accounts receivable, escrows and deposits, and other working capital balances approximate fair value. Note 4 includes a discussion of fair values recorded in 2013 when we transferred the Kedron Village operating property to the loan servicer. Note 8 includes a discussion of the fair values recorded in purchase accounting. Note 9 includes a discussion of the fair values recorded when we recognized an impairment charge on our Shops at Otty operating property. Level 3 inputs to these transactions include our estimations of market leasing rates, tenant-related costs, discount rates, and disposal values.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for its derivative financial instruments at fair value calculated in accordance with Topic 820—“Fair Value Measurements and Disclosures” in the ASC. Gains or losses resulting from changes in the fair values of those derivatives are accounted for depending on the use of the derivative and whether it qualifies for hedge accounting. We use derivative instruments such as interest rate swaps or rate locks to mitigate interest rate risk on related financial instruments. Changes in the fair values of derivatives that qualify as cash flow hedges are recognized in other comprehensive income (“OCI”) while any ineffective portion of a derivative’s change in fair value is recognized immediately in earnings. Upon settlement of the hedge, gains and losses associated with the transaction are recorded in OCI and amortized over the underlying term of the hedged transaction. As of December 31, 2015 and 2014 , all of our derivative instruments qualify for hedge accounting.
Revenue Recognition	Revenue Recognition As a lessor of real estate assets, the Company retains substantially all of the risks and benefits of ownership and accounts for its leases as operating leases. Contractual rent, percentage rent, and expense reimbursements from tenants for common area maintenance costs, insurance and real estate taxes are our principal source of revenue. Base minimum rents are recognized on a straight-line basis over the terms of the respective leases. Certain lease agreements contain provisions that grant additional rents based on a tenant’s sales volume (contingent overage rent). Overage rent is recognized when tenants achieve the specified sales targets as defined in their lease agreements. Overage rent is included in other property related revenue in the accompanying statements of operations. As a result of generating this revenue, we will routinely have accounts receivable due from tenants. We are subject to tenant defaults and bankruptcies that may affect the collection of outstanding receivables. To address the collectability of these receivables, we analyze historical write-off experience, tenant credit-worthiness and current economic trends when evaluating the adequacy of our allowance for doubtful accounts and straight line rent reserve. Although we estimate uncollectible receivables and provide for them through charges against income, actual experience may differ from those estimates. Gains or losses from sales of real estate are recognized when a sale has been consummated, the buyer’s initial and continuing investment is adequate to demonstrate a commitment to pay for the asset, the Company has transferred to the buyer the usual risks and rewards of ownership, and the Company does not have a substantial continuing financial involvement in the property. As part of the Company’s ongoing business strategy, it will, from time to time, sell land parcels and outlots, some of which are ground leased to tenants. Net gains realized on such sales were $5.6 million , $1.5 million , and $6.2 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively, and are classified as other property related revenue in the accompanying consolidated statements of operations.
Tenant Receivables and Allowance for Doubtful Accounts	Tenant Receivables and Allowance for Doubtful Accounts Tenant receivables consist primarily of billed minimum rent, accrued and billed tenant reimbursements, and accrued straight-line rent. The Company generally does not require specific collateral other than corporate or personal guarantees from its tenants. An allowance for doubtful accounts is maintained for estimated losses resulting from the inability of certain tenants or others to meet contractual obligations under their lease or other agreements. Accounts are written off when, in the opinion of management, the balance is uncollectible.
Other Receivables	Other Receivables Other receivables consist primarily of receivables due from municipalities and from tenants for non-rental revenue related activities.
Concentration of Credit Risk	Concentration of Credit Risk We may be subject to concentrations of credit risk with regards to our cash and cash equivalents. We place cash and temporary cash investments with high-credit-quality financial institutions. From time to time, such cash and investments may temporarily be in excess of insurance limits. In addition, our accounts receivable from and leases with tenants potentially subjects us to a concentration of credit risk related to our accounts receivable and revenue. At December 31, 2015 , 50% , 11% and 6% of total billed receivables were due from tenants leasing space in the states of Florida, Indiana, and Texas, respectively, compared to 40% , 11% , and 4% in 2014 . For the year ended December 31, 2015 , 25% , 14% and 12% of the Company’s revenue recognized was from tenants leasing space in the states of Florida, Indiana, and Texas, respectively, compared to 26% , 18% , and 13% in 2014 and 30% , 36% , and 14% in 2013 .
Earnings Per Share	Earnings Per Share Basic earnings per share or unit is calculated based on the weighted average number of common shares or units outstanding during the period. Diluted earnings per share or unit is determined based on the weighted average common number of shares or units outstanding during the period combined with the incremental average common shares or units that would have been outstanding assuming the conversion of all potentially dilutive common shares or units into common shares or units as of the earliest date possible. Potentially dilutive securities include outstanding options to acquire common shares; Limited Partner Units, which may be exchanged for either cash or common shares, at the Parent Company’s option and under certain circumstances; units under our Outperformance Plan; potential settlement of redeemable noncontrolling interests in certain joint ventures; 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. Limited Partner Units have been omitted from the Parent Company’s denominator for the purpose of computing diluted earnings per share since the effect of including these amounts in the denominator would have no dilutive impact.
Segment Reporting	Segment Reporting Our primary business is the ownership and operation of neighborhood and community shopping centers. We do not distinguish or group our operations on a geographical basis, or any other basis, when measuring performance. Accordingly, we have one operating segment, which also serves as our reportable segment for disclosure purposes in accordance with GAAP.
Income Taxes and REIT Compliance	Income Taxes and REIT Compliance Parent Company The Parent Company, which is considered a corporation for federal income tax purposes, has been organized and intends to continue to operate in a manner that will enable it to maintain its qualification as a REIT for federal income tax purposes. As a result, it generally will not be subject to federal income tax on the earnings that it distributes to the extent it distributes its “REIT taxable income” (determined before the deduction for dividends paid and excluding net capital gains) to shareholders of the Parent Company and meets certain other requirements on a recurring basis. To the extent that it satisfies this distribution requirement, but distributes less than 100% of its taxable income, it will be subject to federal corporate income tax on its undistributed REIT taxable income. REITs are subject to a number of organizational and operational requirements. If the Parent Company fails to qualify as a REIT in any taxable year, it will be subject to federal income tax on its taxable income at regular corporate rates for a period of four years following the year in which qualification is lost. We may also be subject to certain federal, state and local taxes on our income and property and to federal income and excise taxes on our undistributed taxable income even if the Parent Company does qualify as a REIT. The Operating Partnership intends to continue to make distributions to the Parent Company in amounts sufficient to assist the Parent Company in adhering to REIT requirements and maintaining its REIT status. We have elected to treat Kite Realty Holdings, LLC as a taxable REIT subsidiary of the Operating Partnership, and we may elect to treat other subsidiaries as taxable REIT subsidiaries in the future. This election enables us to receive income and provide services that would otherwise be impermissible for a REIT. Deferred tax assets and liabilities are established for temporary differences between the financial reporting bases and the tax bases of assets and liabilities at the tax rates expected to be in effect when the temporary differences reverse. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax asset will not be realized. Operating Partnership The allocated share of income and loss, other than the operations of our taxable REIT subsidiary, is included in the income tax returns of the Operating Partnership's partners. Accordingly, the only federal income taxes included in the accompanying consolidated financial statements are in connection with its taxable REIT subsidiary. Other state and local income taxes were not significant in any of the periods presented.
Noncontrolling Interests	Noncontrolling Interests We report the non-redeemable noncontrolling interests in subsidiaries as equity and the amount of consolidated net income attributable to these noncontrolling interests is set forth separately in the consolidated financial statements. The noncontrolling interests in consolidated properties for the years ended December 31, 2015 , 2014 , and 2013 were as follows: ($ in thousands) 2015 2014 2013 Noncontrolling interests balance January 1 $ 3,364 $ 3,548 $ 3,535 Net income allocable to noncontrolling interests, 111 140 121 Distributions to noncontrolling interests (115 ) (324 ) (108 ) Acquisition of partner's interest in Beacon Hill operating property (2,353 ) — — Partner's share of loss on sale of Cornelius Gateway operating property (234 ) — — Noncontrolling interests balance at December 31 $ 773 $ 3,364 $ 3,548 Redeemable Noncontrolling Interests – Operating Partnership Limited Partner Units are redeemable noncontrolling interests in the Operating Partnership. We classify redeemable noncontrolling interests in the Operating Partnership in the accompanying consolidated balance sheets outside of permanent equity because we may be required to pay cash to holders of Limited Partner Units upon redemption of their interests in the Operating Partnership or deliver registered shares upon their conversion. The carrying amount of the redeemable noncontrolling interests in the Operating Partnership is reflected at the greater of historical book value or redemption value with a corresponding adjustment to additional paid-in capital. At December 31, 2015 and 2014 , the redemption value of the redeemable noncontrolling interests exceeded the historical book value, and the balance was accordingly adjusted to redemption value. We allocate net operating results of the Operating Partnership after preferred dividends and noncontrolling interests in the consolidated properties based on the partners’ respective weighted average ownership interest. We adjust the redeemable noncontrolling interests in the Operating Partnership at the end of each reporting period to reflect their interests in the Operating Partnership or redemption value. This adjustment is reflected in our shareholders’ and Parent Company's equity. For the years ended December 31, 2015 , 2014 , and 2013 , the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows: Year Ended December 31, 2015 2014 2013 Parent Company’s weighted average interest in 97.9 % 97.2 % 93.3 % Limited partners' weighted average interests in 2.1 % 2.8 % 6.7 % At December 31, 2015 and December 31, 2014 , the Parent Company's interest and the limited partners' redeemable noncontrolling ownership interests in the Operating Partnership were 97.8% and 2.2% and 98.1% and 1.9% , respectively. Concurrent with the Parent Company’s initial public offering and related formation transactions, certain individuals received Limited Partner Units of the Operating Partnership in exchange for their interests in certain properties. The limited partners were granted the right to redeem Limited Partner Units on or after August 16, 2005 for cash or, at the Parent Company's election, common shares of the Parent Company in an amount equal to the market value of an equivalent number of common shares of the Parent Company at the time of redemption. Such common shares must be registered, which is not fully in the Parent Company’s control. Therefore, the limited partners’ interest is not reflected in permanent equity. The Parent Company also has the right to redeem the Limited Partner Units directly from the limited partner in exchange for either cash in the amount specified above or a number of its common shares equal to the number of Limited Partner Units being redeemed. For the years ended December 31, 2015 , 2014 and 2013 , respectively, 18,000 , 22,000 , and 23,250 Limited Partner Units were exchanged for the same number of common shares of the Parent Company. There were 1,901,278 and 1,639,443 Limited Partner Units outstanding as of December 31, 2015 and 2014 , respectively. The increase in Limited Partner Units outstanding from December 31, 2014 is due primarily to non-cash compensation awards previously made to our executive officers in the form of Limited Partner Units. Redeemable Noncontrolling Interests - Subsidiaries Prior to the Merger, Inland Diversified formed joint ventures with the previous owners of certain properties and issued Class B units in three joint ventures that indirectly own those properties. The Class B units related to two of these three joint ventures remain outstanding subsequent to the Merger with Inland Diversified and are accounted for as noncontrolling interests in these properties. The Class B units will become redeemable at our applicable partner’s election at future dates generally beginning in March 2017 or October 2022 based on the applicable joint venture and the fulfillment of certain redemption criteria. Beginning in June 2018 and November 2022, with respect to the applicable joint venture, the Class B units can be redeemed at the election of either our partner or us for cash or Limited Partner Units in the Operating Partnership. None of the issued Class B units have a maturity date and none are mandatorily redeemable. On February 13, 2015, we acquired our partner’s redeemable interest in the City Center operating property for $34.0 million and other non-redeemable rights and interests held by our partner for $0.4 million . We funded this acquisition with a $30 million draw on our unsecured revolving credit facility and the remainder in Limited Partner Units in the Operating Partnership. As a result of this transaction, our guarantee of a $26.6 million loan on behalf of LC White Plains Retail, LLC and LC White Plains Recreation, LLC was terminated. We classify redeemable noncontrolling interests in certain subsidiaries in the accompanying consolidated balance sheets outside of permanent equity because, under certain circumstances, we may be required to pay cash to Class B unitholders in specific subsidiaries upon redemption of their interests. The carrying amount of these redeemable noncontrolling interests is required to be reflected at the greater of initial book value or redemption value with a corresponding adjustment to additional paid-in capital.
Reclassifications	Reclassifications Certain amounts in the accompanying consolidated financial statements for 2014 and 2013 have been reclassified to conform to the 2015 consolidated financial statement presentation. The reclassifications had no impact on net loss previously reported.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("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”). The Update changes 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 for disposals of assets that were not held for sale as of December 31, 2013. We adopted the Update in the first quarter of 2014. In March 2014, the Company disposed of its 50 th and 12 th operating property which had been classified as held for sale at December 31, 2013. Accordingly, the revenues and expenses of this property and the associated gain on sale have been classified in discontinued operations in the 2014 consolidated statements of operations In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-9, Revenue from Contracts with Customers (“ASU 2014-9”). ASU 2014-9 is a comprehensive revenue recognition standard that will supersede nearly all existing GAAP revenue recognition guidance. It will also affect the existing GAAP guidance governing the sale of nonfinancial assets. The new standard’s core principle is that a company will recognize revenue when it satisfies performance obligations, by transferring promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for fulfilling those performance obligations. In doing so, companies will need to exercise more judgment and make more estimates than under existing GAAP guidance. Under the new standard, entities will now generally recognize the sale, and any associated gain or loss, of a real estate property when control of the property transfers, as long as collectability of the consideration is probable. The new standard also amends ASC 340-40, Other Assets and Deferred Costs - Contracts with Customers. Under ASC 340-40, incremental costs of obtaining a contract are recognized as an asset if the entity expects to recover them. Other costs related to originating a revenue transaction, such as salary expense, that is based on other qualitative or quantitative metrics, likely do not meet the criteria for capitalization because they are not directly related to obtaining a contract. We expect this new guidance will increase total General, administrative, and other expense on our consolidated statement of operations and decrease amortization expense. ASU 2014-9 was to be effective for public entities for annual and interim reporting periods beginning after December 15, 2016 and early adoption is not permitted, but in August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers: Deferral of the Effective Date , which delays the effective date of ASU 2014-9 for one year. ASU 2014-9 allows for either recognizing the cumulative effect of application (i) at the start of the earliest comparative period presented (with the option to use any or all of three practical expedients) or (ii) as a cumulative effect adjustment as of the date of initial application, with no restatement of comparative periods presented. We are currently evaluating the impact adopting the new accounting standard, and the transition method of such adoption, will have on our consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, Amendments to the Consolidation Analysis . ASU 2015-02 makes changes to both the variable interest model and the voting model. This guidance becomes effective for annual and interim periods beginning on or after December 15, 2015. All reporting entities involved with limited partnerships will have to re-evaluate whether these entities qualify for consolidation and revise documentation accordingly. We are currently evaluating the impact adopting the new accounting standard will have on our consolidated financial statements, but we do not currently believe it will result in material changes to our previous consolidation conclusions. In April 2015, the FASB issued ASU 2015-03, Interest- Imputation of Interest ("ASU 2015-03"). ASU 2015-03 will require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. ASU 2015-03 is effective for annual and interim reporting periods beginning on or after December 15, 2015, with early adoption permitted. We expect this new guidance will reduce total assets and total debt on our consolidated balance sheet by amounts currently classified as deferred issuance costs, but we do not expect this update to have any other material effect on our consolidated financial statements. In August 2015, the FASB issued ASU 2015-15, Interest- Imputation of Interest: Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements- Amendments to SEC Paragraphs Pursuant to Staff Announcement at June 18, 2015 EITF Meeting ( "ASU 2015-15" ). ASU 2015-15 was issued as a result of ASU 2015-03 not addressing presentation or subsequent measurement of debt issuance costs related to line-of-credit arrangements. ASU 2015-15 provides the option to present debt issuance costs as an asset and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. As this is already the current practice of the Parent Company and the Operating Partnership, we do not expect this update to have any effect on our consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments. ASU 2015-16 will eliminate the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. ASU 2015-16 requires that an acquirer must recognize measurement-period adjustments in the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. This guidance is effective for annual and interim reporting periods beginning on or after December 15, 2016, with early adoption permitted. We are currently evaluating the effect, if any, on our consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases . ASU 2016-02 amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. ASU 2016-02 will be effective for annual and interim reporting periods beginning on or after December 15, 2018, with early adoption permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. We are currently evaluating the impact adopting the new accounting standard will have on our consolidated financial statements.

Basis of Presentation and Sum28

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Schedule of Real Estate Properties	The Company’s investment properties, excluding properties held for sale, as of December 31, 2015 and December 31, 2014 were as follows: ($ in thousands) Balance at December 31, December 31, Investment properties, at cost: Land $ 805,646 $ 778,780 Buildings and improvements 2,946,976 2,785,780 Furniture, equipment and other 6,960 6,398 Land held for development 34,975 35,907 Construction in progress 138,583 125,883 $ 3,933,140 $ 3,732,748 In 2013, we acquired thirteen operating properties, which are summarized below: Property Name MSA Acquisition Date Purchase Price ($ in millions) Shoppes of Eastwood Orlando, FL January 2013 $ 11.6 Cool Springs Market Nashville, TN April 2013 37.6 Castleton Crossing Indianapolis, IN May 2013 39.0 Toringdon Market Charlotte, NC August 2013 15.9 Nine Property Portfolio Various November 2013 304.0 In 2015, we acquired four operating properties for total consideration of $185.8 million , including the assumption of an $18.3 million loan, which are summarized below: Property Name MSA Acquisition Date Colleyville Downs Dallas, TX April 2015 Belle Isle Station Oklahoma City, OK May 2015 Livingston Shopping Center New York - Newark July 2015 Chapel Hill Shopping Center Fort Worth, TX August 2015 The following is a summary of our 2014 operating property acquisitions. Property Name MSA Acquisition Date Purchase Price ($ in millions) Merger with Inland Diversified Various July 2014 $ 2,128.6 Rampart Commons Las Vegas, NV December 2014 32.3
Allowance for Credit Losses on Financing Receivables	Accounts are written off when, in the opinion of management, the balance is uncollectible. ($ in thousands) 2015 2014 2013 Balance, beginning of year $ 2,433 $ 1,328 $ 755 Provision for credit losses, net of recoveries 4,331 1,740 922 Accounts written off (2,439 ) (635 ) (349 ) Balance, end of year $ 4,325 $ 2,433 $ 1,328
Schedule of Stockholders Equity	The noncontrolling interests in consolidated properties for the years ended December 31, 2015 , 2014 , and 2013 were as follows: ($ in thousands) 2015 2014 2013 Noncontrolling interests balance January 1 $ 3,364 $ 3,548 $ 3,535 Net income allocable to noncontrolling interests, 111 140 121 Distributions to noncontrolling interests (115 ) (324 ) (108 ) Acquisition of partner's interest in Beacon Hill operating property (2,353 ) — — Partner's share of loss on sale of Cornelius Gateway operating property (234 ) — — Noncontrolling interests balance at December 31 $ 773 $ 3,364 $ 3,548
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net	For the years ended December 31, 2015 , 2014 , and 2013 , the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows: Year Ended December 31, 2015 2014 2013 Parent Company’s weighted average interest in 97.9 % 97.2 % 93.3 % Limited partners' weighted average interests in 2.1 % 2.8 % 6.7 %
Redeemable Noncontrolling Interest	The redeemable noncontrolling interests in the Operating Partnership and subsidiaries for the years ended December 31, 2015 , 2014 , and 2013 were as follows: ($ in thousands) 2015 2014 2013 Redeemable noncontrolling interests balance January 1 $ 125,082 $ 43,928 $ 37,670 Acquired redeemable noncontrolling interests from merger — 69,356 — Acquisition of partner's interest in City Center operating property (33,998 ) — — Net income (loss) allocable to redeemable noncontrolling interests 2,087 891 (806 ) Distributions declared to redeemable noncontrolling interests (3,773 ) (3,021 ) (1,587 ) Other, net 2,917 13,928 8,651 Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31 $ 92,315 $ 125,082 $ 43,928 Limited partners' interests in Operating Partnership $ 50,085 $ 47,320 $ 43,928 Other redeemable noncontrolling interests in certain subsidiaries 42,230 77,762 — Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31 $ 92,315 $ 125,082 $ 43,928

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Stock Options Activity	A summary of option activity under the Plan as of December 31, 2015 , and changes during the year then ended, is presented below: Aggregate Intrinsic Value Weighted-Average Remaining Contractual Term (in years) Options Weighted-Average Exercise Price Outstanding at January 1, 2015 248,991 $ 33.88 Granted — — Exercised (1,250 ) 10.56 Expired (14,375 ) 60.68 Forfeited — — Outstanding at December 31, 2015 $ 1,282,272 2.95 233,366 $ 32.36 Exercisable at December 31, 2015 $ 1,272,738 2.94 231,875 $ 32.44 Exercisable at December 31, 2014 243,686 $ 34.16
Schedule of Restricted Stock Activity	The following table summarizes all restricted share activity to employees and non-employee members of the Board of Trustees as of December 31, 2015 and changes during the year then ended: Number of Restricted Shares Weighted Average Grant Date Fair Value per share Restricted shares outstanding at January 1, 2015 615,453 $ 22.87 Shares granted 121,075 28.10 Shares forfeited (358 ) 21.49 Shares canceled (274,835 ) 21.25 Shares vested (105,001 ) 23.86 Restricted shares outstanding at December 31, 2015 356,334 $ 25.61

Deferred Costs and Intangible30

Deferred Costs and Intangibles, Net (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure	At December 31, 2015 and 2014 , deferred costs consisted of the following: ($ in thousands) 2015 2014 Deferred financing costs $ 19,052 $ 14,575 Acquired lease intangible assets 138,796 142,823 Deferred leasing costs and other 54,902 48,149 212,750 205,547 Less—accumulated amortization (54,866 ) (36,583 ) Total 157,884 168,964 Deferred costs and intangibles, net – properties held for sale — (8,986 ) Total $ 157,884 $ 159,978
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated net amounts of amortization from acquired lease intangible assets for each of the next five years and thereafter are as follows: ($ in thousands) Amortization of above market leases Amortization of deferred leasing costs Total 2016 $ 5,252 $ 16,737 $ 21,989 2017 4,293 13,866 18,159 2018 2,724 10,045 12,769 2019 1,475 7,507 8,982 2020 1,279 6,560 7,839 Thereafter 5,307 35,279 40,586 Total $ 20,330 $ 89,994 $ 110,324
Deferred Cost Amortization	The accompanying consolidated statements of operations include amortization expense as follows: ($ in thousands) For the year ended December 31, 2015 2014 2013 Amortization of deferred financing costs $ 3,209 $ 2,864 $ 2,434 Amortization of deferred leasing costs, lease intangibles and other 25,187 17,291 5,605 Amortization of above market lease intangibles 6,860 4,787 534

Deferred Revenue, Intangibles31

Deferred Revenue, Intangibles, Net and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Deferred Revenue Disclosure [Abstract]
Schedule of Deferred Revenue and Other Liabilities	At December 31, 2015 and 2014 , deferred revenue and other liabilities consisted of the following: ($ in thousands) 2015 2014 Unamortized in-place lease liabilities $ 112,405 $ 125,336 Retainages payable and other 5,636 2,852 Assumed earnout liability (Note 15) 1,380 9,664 Tenant rents received in advance 12,138 10,841 Total 131,559 148,693 Deferred revenue, intangibles, net and other liabilities – liabilities held for sale — (12,284 ) Total $ 131,559 $ 136,409
Finite-Lived Intangible Assets [Line Items]
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated net amounts of amortization from acquired lease intangible assets for each of the next five years and thereafter are as follows: ($ in thousands) Amortization of above market leases Amortization of deferred leasing costs Total 2016 $ 5,252 $ 16,737 $ 21,989 2017 4,293 13,866 18,159 2018 2,724 10,045 12,769 2019 1,475 7,507 8,982 2020 1,279 6,560 7,839 Thereafter 5,307 35,279 40,586 Total $ 20,330 $ 89,994 $ 110,324
Leases, Acquired-in-Place
Finite-Lived Intangible Assets [Line Items]
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for each of the next five years and thereafter is as follows: ($ in thousands) 2016 $ 8,198 2017 7,143 2018 6,414 2019 5,855 2020 5,442 Thereafter 79,353 Total $ 112,405

Merger and Acquisitions (Tables

Merger and Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Schedule of Real Estate Properties	The Company’s investment properties, excluding properties held for sale, as of December 31, 2015 and December 31, 2014 were as follows: ($ in thousands) Balance at December 31, December 31, Investment properties, at cost: Land $ 805,646 $ 778,780 Buildings and improvements 2,946,976 2,785,780 Furniture, equipment and other 6,960 6,398 Land held for development 34,975 35,907 Construction in progress 138,583 125,883 $ 3,933,140 $ 3,732,748 In 2013, we acquired thirteen operating properties, which are summarized below: Property Name MSA Acquisition Date Purchase Price ($ in millions) Shoppes of Eastwood Orlando, FL January 2013 $ 11.6 Cool Springs Market Nashville, TN April 2013 37.6 Castleton Crossing Indianapolis, IN May 2013 39.0 Toringdon Market Charlotte, NC August 2013 15.9 Nine Property Portfolio Various November 2013 304.0 In 2015, we acquired four operating properties for total consideration of $185.8 million , including the assumption of an $18.3 million loan, which are summarized below: Property Name MSA Acquisition Date Colleyville Downs Dallas, TX April 2015 Belle Isle Station Oklahoma City, OK May 2015 Livingston Shopping Center New York - Newark July 2015 Chapel Hill Shopping Center Fort Worth, TX August 2015 The following is a summary of our 2014 operating property acquisitions. Property Name MSA Acquisition Date Purchase Price ($ in millions) Merger with Inland Diversified Various July 2014 $ 2,128.6 Rampart Commons Las Vegas, NV December 2014 32.3
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes our final aggregated estimated fair value of amounts recognized for each major class of asset and liability for these acquisitions: ($ in thousands) Allocation to opening balance sheet Investment properties, net $ 419,080 Lease-related intangible assets 19,537 Other assets 293 Total acquired assets 438,910 Accounts payable and accrued expenses 2,204 Deferred revenue and other liabilities 29,291 Total assumed liabilities 31,495 Fair value of acquired net assets $ 407,415 The following table summarizes the aggregate estimated fair values of the properties acquired in connection with the Merger with Inland Diversified on July 1, 2014: ($ in thousands) Assets: Investment properties, net $ 2,095,567 Deferred costs, net 143,210 Investments in marketable securities 18,602 Cash and cash equivalents 108,666 Accounts receivable, prepaid expenses, and other 20,157 Total assets $ 2,386,202 Liabilities: Mortgage and other indebtedness, including debt premium of $33,298 $ 892,909 Deferred revenue and other liabilities 129,935 Accounts payable and accrued expenses 59,314 Total Liabilities 1,082,158 Noncontrolling interests 69,356 Common stock issued 1,234,688 Total estimated fair value of acquired net assets $ 2,386,202 The following table summarizes the estimation of the fair value of assets acquired and liabilities assumed for the properties acquired in 2015: ($ in thousands) Investment properties, net $ 176,223 Lease-related intangible assets, net 17,436 Other assets 435 Total acquired assets 194,094 Mortgage and other indebtedness 18,473 Accounts payable and accrued expenses 2,125 Deferred revenue and other liabilities 8,269 Total assumed liabilities 28,867 Fair value of acquired net assets $ 165,227
Fair Value, Option, Quantitative Disclosures	The ranges of the most significant Level 3 assumptions utilized in determining the value of the real estate and related assets of each building acquired during the Merger are as follows: Low High Lease-up period (months) 6 18 Net rental rate per square foot – Anchors (greater than 10,000 square feet) $ 5.00 $ 30.00 Net rental rate per square foot – Small Shops $ 11.00 $ 53.00 Discount rate 5.75 % 9.25 %
Business Acquisition, Pro Forma Information	he results also reflect the pay down of certain indebtedness. ($ in thousands) Twelve Months Ended December 31, (unaudited) 2014 2013 Total revenue $ 355,716 $ 357,506 Consolidated net income 26,911 2,219 The following table summarizes the revenues and expenses of the properties acquired in 2014 subsequent to the respective acquisition dates. These revenues and expenses are included in the consolidated statement of operations for the year ended December 31, 2014: ($ in thousands) Year ended December 31, 2014 Revenue $ 92,212 Expenses: Property operating 14,262 Real estate taxes and other 11,254 Depreciation and amortization 43,257 Interest expense 14,845 Total expenses 83,618 Gain on sale and other (1) 2,153 Net income impact from 2014 acquisitions prior to income allocable to noncontrolling interests 10,747 Income allocable to noncontrolling interests (1,284 ) Impact from 2014 acquisitions on income attributable to Kite Realty Trust $ 9,463 ____________________ 1 We sold eight properties that were acquired through the Merger in November and December 2014.

Disposals, Discontinued Opera33

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge (Tables)	12 Months Ended
	Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]
Operating Properties Sold	The operating properties sold in late 2014 and early 2015 are as follows: Property Name MSA Owned GLA Sold in late 2014 Copps Grocery Stevens Point, WI 69,911 Fox Point Neenah, WI 171,121 Harvest Square Harvest, AL 70,590 Landing at Ocean Isle Beach Ocean Isle Beach, NC 53,220 Branson Hills Plaza 1 Branson, MO 289,986 Shoppes at Branson Hills Branson, MO Shoppes at Prairie Ridge Pleasant Prairie, WI 128,431 Heritage Square Conyers, GA 22,385 Sold in early 2015 Eastside Junction Athens, AL 79,700 Fairgrounds Crossing Hot Springs, AR 151,927 Hawk Ridge Saint Louis, MO 75,951 Prattville Town Center Prattville, AL 168,842 Regal Court Shreveport, LA 151,719 Whispering Ridge Omaha, NE 69,676 Walgreens Plaza Jacksonville, NC 42,219
Assets and Liabilities Associated with Held for Sale Properties, Table	The following table presents the assets and liabilities associated with the held for sale properties: ($ in thousands) December 31, 2014 Assets: Investment properties, at cost $ 170,782 Less: accumulated depreciation (1,313 ) 169,469 Accounts receivable, prepaids and other assets 1,187 Deferred costs and intangibles, net 8,986 Total assets held for sale $ 179,642 Liabilities: Mortgage and other indebtedness, including net premium $ 67,452 Accounts payable and accrued expenses 1,428 Deferred revenue, intangibles and other liabilities 12,284 Total liabilities held for sale $ 81,164
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	The results of the discontinued operations related to the properties that were classified as such prior to the adoption of ASU 2014-08 were comprised of the following for the years ended December 31, 2014 and 2013: ($ in thousands) Year ended December 31, 2014 2013 Revenue $ — $ 2,565 Expenses: Property operating — 117 Real estate taxes and other — 199 Depreciation and amortization — 844 Impairment charge — 5,372 Total expenses — 6,532 Operating loss — (3,967 ) Interest expense — (571 ) Loss from discontinued operations — (4,538 ) Gain on debt extinguishment — 1,242 Gain on sale of operating properties, net 3,198 487 Total income (loss) from discontinued operations $ 3,198 $ (2,809 ) Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders $ 3,111 $ (2,620 ) Income (loss) from discontinued operations attributable to noncontrolling interests 87 (189 ) Total income (loss) from discontinued operations $ 3,198 $ (2,809 )

Mortgage Loans and Other Inde34

Mortgage Loans and Other Indebtedness (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Schedule of Participating Mortgage Loans	Mortgage and other indebtedness, excluding mortgages related to assets held for sale (see Note 9), consist of the following at December 31, 2015 and 2014 : ($ in thousands) Balance at December 31, Description 2015 2014 Senior Unsecured Notes Maturing at various dates through September 2027; interest rates ranging from 4.23% to 4.57% at December 31, 2015 $ 250,000 $ — Unsecured Revolving Credit Facility Matures July 2018 1 ; borrowing level up to $339.5 million available at December 31, 2015 and $500 million at December 31, 2014; interest at LIBOR + 1.40% 2 or 1.83% at December 31, 2015 and interest at LIBOR + 1.40% 2 or 1.57% at December 31, 2014 20,000 160,000 Unsecured Term Loans $400 million matures July 2019 3 ; interest at LIBOR + 1.35% 2 or 1.78% at December 31, 2015 and interest at LIBOR + 1.35% 2 or 1.52% at December 31, 2014; $100 million matures October 2022; interest at LIBOR + 1.60% 2 or 2.03% at December 31, 2015 500,000 230,000 Construction Loans—Variable Rate Generally interest only; maturing at various dates through 2016; interest at LIBOR + 1.75%-2.10%, ranging from 2.18% to 2.53% at December 31, 2015 and interest at LIBOR+1.75%-2.10%, ranging from 1.92% to 2.27% at December 31, 2014 132,776 119,347 Mortgage Notes Payable—Fixed Rate Generally due in monthly installments of principal and interest; maturing at various dates through 2030; interest rates ranging from 3.78% to 6.78% at December 31, 2015 and interest rates ranging from 3.81% to 6.78% at December 31, 2014 756,494 810,959 Mortgage Notes Payable—Variable Rate Due in monthly installments of principal and interest; maturing at various dates through 2023; interest at LIBOR + 1.70%-2.25%, ranging from 2.13% to 2.68% at December 31, 2015 and interest at LIBOR + 1.75%-2.75%, ranging from 1.92% to 2.92% at December 31, 2014 58,268 205,798 Net premium on acquired indebtedness 16,521 28,159 Total mortgage and other indebtedness $ 1,734,059 $ 1,554,263 ____________________ 1 The maturity date may be extended at the Company’s option for up to two additional periods of six months each, subject to certain conditions. 2 The interest rates on our unsecured revolving credit facility and unsecured term loans varied at certain parts of the year due to provisions in the agreement and the amendment and restatement of the agreement. 3 The maturity date may be extended for an additional six months at the Company’s option subject to certain conditions.
Schedule of Maturities of Long-term Debt	The following table presents maturities of mortgage debt, corporate debt, and construction loans as of December 31, 2015 : ($ in thousands) Annual Principal Payments Term Maturity 1 Total 2016 $ 5,666 $ 261,041 $ 266,707 2017 5,103 17,026 22,129 2018 5,335 62,584 67,919 2019 5,255 20,000 25,255 2020 5,200 442,339 447,539 Thereafter 12,196 875,793 887,989 $ 38,755 $ 1,678,783 $ 1,717,538 Unamortized Premiums 16,521 Total $ 1,734,059 ____________________ 1 This presentation reflects the Company's exercise of its options to extend the maturity dates by one year to July 1, 2019 for the Company's unsecured credit facility and its option to extend the maturity date by six months to January 1, 2020 for the Company's unsecured term loan.

Lease Information (Tables)

Lease Information (Tables)	12 Months Ended
	Dec. 31, 2015
Leases [Abstract]
Schedule of Future Minimum Lease Payments to be Received	As of December 31, 2015 , future minimum rentals to be received under non-cancelable operating leases for each of the next five years and thereafter, excluding tenant reimbursements of operating expenses and percentage rent based on sales volume, are as follows: ($ in thousands) 2016 $ 255,764 2017 238,169 2018 203,888 2019 174,547 2020 150,735 Thereafter 743,848 Total $ 1,766,951
Schedule of Future Minimum Rental Payments for Operating Leases	Future minimum lease payments due under ground leases for the next five years ending December 31 and thereafter are as follows: ($ in thousands) 2016 $ 1,494 2017 1,494 2018 1,132 2019 1,103 2020 1,088 Thereafter 44,583 Total $ 50,894

Quarterly Financial Data (Una36

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	Presented below is a summary of the consolidated quarterly financial data for the years ended December 31, 2015 and 2014 . ($ in thousands) Quarter Ended Quarter Ended Quarter Ended Quarter Ended Total revenue $ 86,828 $ 83,735 $ 87,147 89,295 Operating income 18,483 16,099 16,911 20,307 Income from continuing operations 4,499 7,235 2,961 10,402 Gain on sale of operating properties, net 3,363 — — 854 Consolidated net income 7,862 7,235 2,961 11,256 Net income from continuing operations attributable to Kite Realty Group Trust common shareholders 7,179 6,727 2,526 10,685 Net income attributable to Kite Realty Group Trust common shareholders 5,065 4,613 412 $ 5,353 Net income per common share – basic and diluted: Net income from continuing operations attributable to Kite Realty Group Trust common shareholders 0.06 0.06 0.00 0.06 Net income attributable to Kite Realty Group Trust common shareholders 0.06 0.06 0.00 0.06 Weighted average Common Shares outstanding - basic 83,532,092 83,506,078 83,325,074 83,327,664 Weighted average Common Shares outstanding - diluted 83,625,352 83,803,879 83,433,379 83,438,844 ($ in thousands) Quarter Ended Quarter Ended Quarter Ended Quarter Ended Total revenue $ 42,660 $ 40,843 $ 88,576 $ 87,448 Operating income 5,206 4,319 (1,316 ) 21,120 (Loss) income from continuing operations (2,217 ) (3,196 ) (16,729 ) 5,786 Income (loss) from discontinued operations 3,198 — — — Gain on sale of operating properties, net 3,490 — 2,749 2,243 Consolidated net income (loss) 4,471 (3,196 ) (13,980 ) 8,029 Net income (loss) from continuing operations attributable to Kite Realty Group Trust common shareholders 4,332 (2,976 ) (14,284 ) 7,227 Net income (loss) attributable to Kite Realty Group Trust common shareholders 2,218 (5,090 ) (16,398 ) 5,113 Net (loss) income per common share – basic and diluted: Net (loss) income from continuing operations attributable to Kite Realty Group Trust common shareholders 0.00 (0.16 ) (0.20 ) 0.06 Net income (loss) attributable to Kite Realty Group Trust common shareholders 0.08 (0.16 ) (0.20 ) 0.06 Weighted average Common Shares outstanding - basic 32,755,898 32,884,467 83,455,900 83,478,680 Weighted average Common Shares outstanding - diluted 32,755,898 32,884,467 83,455,900 83,727,400

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Earnout Liability	The table below presents the change in our earnout liability for the twelve months ended December 31, 2015 . ($ in thousands) Twelve Months Ended Earnout liability – beginning of period $ 9,664 Decreases: Settlement of earnout obligations (2,581 ) Adjustments to estimated fair value determination during the Merger measurement period (871 ) Non-cash gain from release of assumed earnout liability (4,832 ) Earnout liability – end of period $ 1,380

Supplemental Schedule of Non-38

Supplemental Schedule of Non-Cash Investing/Financing Activities (Tables)	12 Months Ended
	Dec. 31, 2015
Supplemental Cash Flow Elements [Abstract]
Schedule of Non-Cash Investing and Financing Activities	The following schedule summarizes the non-cash investing and financing activities of the Company for the years ended December 31, 2015 , 2014 and 2013 : ($ in thousands) Year Ended December 31, 2015 2014 2013 Assumption of mortgages upon completion of Merger including debt premium of $33,298 $ — $ 892,909 $ — Properties and other assets acquired upon completion of Merger — 2,367,600 — Marketable securities acquired upon completion of Merger — 18,602 — Assumption of debt in connection with acquisition of Rampart Commons including debt premium of $2,221 — 14,586 — Accrued distribution to preferred shareholders — 705 705 Extinguishment of mortgages upon transfer of Tranche I operating properties — 75,800 — Assumption of mortgages by buyer upon sale of properties 40,303 — — Assumption of debt in connection with acquisition of Chapel Hill Shopping Center including debt premium of $212 18,462 — — Extinguishment of mortgage upon transfer of Kedron Village operating property — — 29,195 Net assets of Kedron Village transferred to lender (excluding non-recourse debt) — — 27,953

Organization (Details)

Organization (Details) - property	2 Months Ended	5 Months Ended	12 Months Ended
	Dec. 31, 2014	Mar. 31, 2015	Dec. 31, 2015	Sep. 30, 2014	Sep. 16, 2014	Jul. 01, 2014	Dec. 31, 2013
Organization [Line Items]
General partner, ownership interest			97.80%
Number of real estate properties (in properties)	61			15	15		13
Number of properties sold (in properties)	8
Operating and Redevelopment Properties
Organization [Line Items]
Number of real estate properties (in properties)	123		118
Retail Operating Properties
Organization [Line Items]
Number of real estate properties (in properties)	118		110
Held-for-Sale Operating Properties
Organization [Line Items]
Number of real estate properties (in properties)	7
Redevelopment Properties
Organization [Line Items]
Number of real estate properties (in properties)	3		6
Office Properties
Organization [Line Items]
Number of real estate properties (in properties)	1		1
In-Process Retail Development Properties
Organization [Line Items]
Number of real estate properties (in properties)	4		3
Inland Diversified Real Estate Trust
Organization [Line Items]
Number of real estate properties (in properties)						60
Number of properties sold (in properties)		15
Kite Realty Group, LP
Organization [Line Items]
Limited partner, ownership interest			2.20%

Basis of Presentation and Sum40

Basis of Presentation and Summary of Significant Accounting Policies - Investment Properties (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Investment properties, at cost:
Land	$ 805,646	$ 778,780
Buildings and improvements	2,946,976	2,785,780
Furniture, equipment and other	6,960	6,398
Land held for development	34,975	35,907
Construction in progress	138,583	125,883
Investment properties, at cost	$ 3,933,140	$ 3,732,748

Basis of Presentation and Sum41

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) $ in Thousands	Feb. 13, 2015USD ($)	Aug. 11, 2014shares	Dec. 31, 2015USD ($)segmentjoint_ventureshares	Dec. 31, 2014USD ($)shares	Dec. 31, 2013USD ($)shares	Aug. 10, 2014shares
Investment [Line Items]
Operating partnership units exchanged for common shares (in shares) | shares			18,000	22,000	23,250
Limited partners' capital account, units outstanding (in shares) | shares			1,901,278	1,639,443
Noncontrolling interest, decrease from redemptions or purchase of interests			$ 2,353	$ 0	$ 0
Special assessment bond termination	$ 26,600
Restricted cash and escrow deposits			$ 13,476	16,171
Number of VIE entities | joint_venture			1
VIE debt			$ 56,800
VIE assets			107,200
Gain (loss) on sale of properties			$ 5,600	$ 1,500	$ 6,200
Percentage of accounts receivable			1.20%	0.90%	1.00%
Weighted average limited partnership units outstanding, basic (in shares) | shares			1,800,000	1,700,000	1,700,000
Antidilutive securities excluded from computation of earnings per share (in shares) | shares			100,000	300,000	400,000
Common shares outstanding (in shares) | shares		83,200,000	83,334,865	83,490,663		332,700,000
Number of operating segments | segment			1
Capital Unit, Class B
Investment [Line Items]
Number of joint ventures in which units are issued | joint_venture			3
Number of joint ventures in which units are issued, noncontrolling interest | joint_venture			2
City Center Operating Property
Investment [Line Items]
Noncontrolling interest, decrease from redemptions or purchase of interests	400
Revolving Credit Facility | City Center Operating Property
Investment [Line Items]
Proceeds from lines of credit	30,000
Cash
Investment [Line Items]
Restricted cash and escrow deposits				$ 16,100
Noncontrolling Interest | City Center Operating Property
Investment [Line Items]
Noncontrolling interest, decrease from redemptions or purchase of interests	$ 34,000
Operating Partnership
Investment [Line Items]
Ownership percentage by parent			97.80%	98.10%
Ownership percentage by noncontrolling owners			2.20%	1.90%
Cornelius Gateway Operating Property
Investment [Line Items]
Loss allocated to parent			80.00%
Loss allocated to partner			20.00%
Building and Building Improvements | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)			10 years
Building and Building Improvements | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)			35 years
Furniture and Fixtures | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)			5 years
Furniture and Fixtures | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life (in years)			10 years
Reverse Stock Split
Investment [Line Items]
Stock split, conversion ratio		4
FLORIDA | Billed Receivables
Concentration Risk [Line Items]
Concentration risk, percentage			50.00%	40.00%
FLORIDA | Revenues Recognized
Concentration Risk [Line Items]
Concentration risk, percentage			25.00%	26.00%	30.00%
INDIANA | Billed Receivables
Concentration Risk [Line Items]
Concentration risk, percentage			11.00%	11.00%
INDIANA | Revenues Recognized
Concentration Risk [Line Items]
Concentration risk, percentage			14.00%	18.00%	36.00%
TEXAS | Billed Receivables
Concentration Risk [Line Items]
Concentration risk, percentage			6.00%	4.00%
TEXAS | Revenues Recognized
Concentration Risk [Line Items]
Concentration risk, percentage			12.00%	13.00%	14.00%

Basis of Presentation and Sum42

Basis of Presentation and Summary of Significant Accounting Policies - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance, beginning of year	$ 2,433	$ 1,328	$ 755
Provision for credit losses, net of recoveries	4,331	1,740	922
Accounts written off	(2,439)	(635)	(349)
Balance, end of year	$ 4,325	$ 2,433	$ 1,328

Basis of Presentation and Sum43

Basis of Presentation and Summary of Significant Accounting Policies - Noncontrolling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Noncontrolling Interest [Line Items]
Noncontrolling interests balance January 1	$ 3,364	$ 3,548	$ 3,535
Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests	2,198	1,025	(685)
Distributions to noncontrolling interests	(115)	(324)	(108)
Acquisition of partner's interest in City Center operating property	(2,353)	0	0
Partner's share of loss on sale of Cornelius Gateway operating property	(234)	0	0
Noncontrolling interests balance at December 31	773	3,364	3,548
Excluding Redeemable Non-Controlling Interests
Noncontrolling Interest [Line Items]
Net income allocable to noncontrolling interests, excluding redeemable noncontrolling interests	$ 111	$ 140	$ 121

Basis of Presentation and Sum44

Basis of Presentation and Summary of Significant Accounting Policies - Weighted Average Interests in Operating Partnership (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounting Policies [Abstract]
Company’s weighted average basic interest in Operating Partnership	97.90%	97.20%	93.30%
Limited partner’s redeemable noncontrolling weighted average basic interests in Operating Partnership	2.10%	2.80%	6.70%

Basis of Presentation and Sum45

Basis of Presentation and Summary of Significant Accounting Policies - Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Acquisition of partner's interest in City Center operating property	$ (2,353)	$ 0	$ 0
Net income (loss) allocable to redeemable noncontrolling interests	2,198	1,025	(685)
Distributions declared to redeemable noncontrolling interests	(115)	(324)	(108)
Redeemable Noncontrolling Interests
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Redeemable noncontrolling interests balance January 1	125,082	43,928	37,670
Acquired redeemable noncontrolling interests from merger	0	69,356	0
Acquisition of partner's interest in City Center operating property	(33,998)	0	0
Net income (loss) allocable to redeemable noncontrolling interests	2,087	891	(806)
Distributions declared to redeemable noncontrolling interests	(3,773)	(3,021)	(1,587)
Other, net	2,917	13,928	8,651
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31	92,315	125,082	43,928
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31	125,082	43,928	37,670	$ 92,315	$ 125,082	$ 43,928
Redeemable Noncontrolling Interests | Partnership Interest
Stockholders' Equity Attributable to Noncontrolling Interest [Roll Forward]
Redeemable noncontrolling interests balance January 1	125,082	43,928
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31	92,315	125,082	43,928
Limited partners' interests in Operating Partnership				50,085	47,320	43,928
Other redeemable noncontrolling interests in certain subsidiaries				42,230	77,762	0
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at December 31	$ 125,082	$ 43,928	$ 43,928	$ 92,315	$ 125,082	$ 43,928

Gain on Settlement (Details)

Gain on Settlement (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2015USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)property	Sep. 30, 2014property	Sep. 16, 2014property
Gain Contingencies [Line Items]
Gain on settlement | $		$ 4,520	$ 0	$ 0
Number of real estate properties (in properties) | property			61	13	15	15
Positive Outcome of Litigation
Gain Contingencies [Line Items]
Gain on settlement | $	$ 4,750
Number of real estate properties (in properties) | property	1

Kedron Village (Details)

Kedron Village (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Restructuring Cost and Reserve [Line Items]
Impairment charge			$ 1,592	$ 0	$ 0
Non-cash gain on debt extinguishment			$ 5,645	$ 0	0
Kedron Village
Restructuring Cost and Reserve [Line Items]
Impairment charge		$ 5,400
Property, plant, and equipment, fair value		$ 25,500
Non-cash gain on debt extinguishment					$ 1,200
Reversal of accrual of unpaid interest	$ 1,100

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Details) - USD ($)	1 Months Ended			12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jul. 31, 2014	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocation of recognized period costs, capitalized amount								$ 1,000,000	$ 800,000	$ 500,000
Number of shares available for grant (in shares)								1,239,022
Granted (in shares)								0	0	0
Exercised (in shares)								1,250	3,313	40,639
Exercises in period, intrinsic value (less than $0.1 million)								$ 100,000	$ 100,000	$ 400,000
Compensation cost not yet recognized (less than)								$ 100,000
Percent of compensation in time-based restricted shares								50.00%
Percent of compensation in three-year performance shares								50.00%
Net Of Capitalized Costs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense								$ 4,400,000	$ 2,900,000	$ 1,100,000
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)								5 years
Expiration period (in years)								10 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized (less than)								$ 6,900,000
Shares granted (in shares)								121,075	499,436	103,685
Shares granted (in dollars per share)								$ 28.10	$ 22.62	$ 25.80
Shares canceled (in shares)	274,835							274,835
Vested in period, fair value								$ 2,900,000	$ 1,600,000	$ 1,100,000
Period for recognition (in years)								1 year 9 months 4 days
Restricted Stock | Scenario, Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense				$ 800,000	$ 1,600,000	$ 1,900,000	$ 2,500,000
Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)								1 year
Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)								5 years
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (in years)								3 years
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)		3 years
Expiration period (in years)		3 years
Award measurement period (in years)								3 years
Award requisite service period (in years)								3 years
Aggregate intrinsic value, nonvested								$ 1,100,000
Restricted Stock Units (RSUs) | Scenario, Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense					100,000	400,000	400,000
The 2013 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized (in shares)								1,500,000
Outperformance Plan 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period (in years)			2 years
Award requisite service period (in years)			3 years
Aggregate intrinsic value, nonvested								$ 2,400,000
Outperformance Plan 2014 | Scenario, Forecast
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share-based compensation expense				$ 100,000	$ 300,000	$ 600,000	$ 700,000
Outperformance Plan 2014 | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation share-based arrangements, liability			$ 7,500,000

Share-Based Compensation - Opti

Share-Based Compensation - Option Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Outstanding, aggregate intrinsic value	$ 1,282,272
Exercisable, aggregate intrinsic value	$ 1,272,738
Outstanding, remaining contractual term (in years)	2 years 11 months 12 days
Exercisable, remaining contractual term (in years)	2 years 11 months 9 days
Options
Outstanding, beginning of period (in shares)	248,991
Granted (in shares)	0	0	0
Exercised (in shares)	(1,250)	(3,313)	(40,639)
Expired (in shares)	(14,375)
Forfeited (in shares)	0
Outstanding, end of period (in shares)	233,366	248,991
Exercisable (in shares)	231,875	243,686
Weighted-Average Exercise Price
Outstanding, beginning of period (in dollars per share)	$ 33.88
Granted (in dollars per share)	0
Exercised (in dollars per share)	10.56
Expired (in dollars per share)	60.68
Forfeited (in dollars per share)	0
Outstanding, end of period (in dollars per share)	32.36	$ 33.88
Exercisable (in dollars per share)	$ 32.44	$ 34.16

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Share Activity (Details) - Restricted Stock - $ / shares	1 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, beginning balance (in shares)		615,453
Shares granted (in shares)		121,075	499,436	103,685
Shares forfeited (in shares)		(358)
Shares canceled (in shares)	(274,835)	(274,835)
Shares vested (in shares)		(105,001)
Outstanding, ending balance (in shares)		356,334	615,453
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Outstanding, beginning balance (in dollars per share)		$ 22.87
Shares granted (in dollars per share)		28.10	$ 22.62	$ 25.80
Shares forfeited (in dollars per share)		21.49
Shares canceled (in dollars per share)		21.25
Shares vested (in dollars per share)		23.86
Outstanding, ending balance (in dollars per share)		$ 25.61	$ 22.87

Deferred Costs and Intangible51

Deferred Costs and Intangibles, Net - Deferred Costs (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred financing costs	$ 19,052	$ 14,575
Acquired lease intangible assets	138,796	142,823
Deferred leasing costs and other	54,902	48,149
Deferred costs, gross	212,750	205,547
Less—accumulated amortization	(54,866)	(36,583)
Total	157,884	168,964
Deferred costs and intangibles, net – properties held for sale	0	(8,986)
Total	$ 157,884	$ 159,978

Deferred Costs and Intangible52

Deferred Costs and Intangibles, Net - Future Amortization Expense (Details) $ in Thousands	Dec. 31, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
2,016	$ 21,989
2,017	18,159
2,018	12,769
2,019	8,982
2,020	7,839
Thereafter	40,586
Total	110,324
Above Market Leases
Finite-Lived Intangible Assets [Line Items]
2,016	5,252
2,017	4,293
2,018	2,724
2,019	1,475
2,020	1,279
Thereafter	5,307
Total	20,330
Deferred Leasing Costs
Finite-Lived Intangible Assets [Line Items]
2,016	16,737
2,017	13,866
2,018	10,045
2,019	7,507
2,020	6,560
Thereafter	35,279
Total	$ 89,994

Deferred Costs and Intangible53

Deferred Costs and Intangibles, Net - Amortization Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Amortization of deferred financing costs	$ 3,209	$ 2,864	$ 2,434
Amortization of deferred leasing costs, lease intangibles and other	25,187	17,291	5,605
Amortization of above market lease intangibles	$ 6,860	$ 4,787	$ 534

- Deferred Revenue and Other Li

- Deferred Revenue and Other Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 131,559	$ 148,693
Deferred revenue, intangibles, net and other liabilities – liabilities held for sale	0	(12,284)
Total	131,559	136,409
Unamortized in-place lease liabilities
Deferred Revenue Arrangement [Line Items]
Deferred revenue	112,405	125,336
Retainages payable and other
Deferred Revenue Arrangement [Line Items]
Deferred revenue	5,636	2,852
Assumed earnout liability
Deferred Revenue Arrangement [Line Items]
Deferred revenue	1,380	9,664
Tenant rents received in advance
Deferred Revenue Arrangement [Line Items]
Deferred revenue	$ 12,138	$ 10,841

- Aggregate Amortization of Acq

- Aggregate Amortization of Acquired Lease Intangibles (Details) $ in Thousands	Dec. 31, 2015USD ($)
Finite-Lived Intangible Assets [Line Items]
2,016	$ 21,989
2,017	18,159
2,018	12,769
2,019	8,982
2,020	7,839
Thereafter	40,586
Total	110,324
Leases, Acquired-in-Place
Finite-Lived Intangible Assets [Line Items]
2,016	8,198
2,017	7,143
2,018	6,414
2,019	5,855
2,020	5,442
Thereafter	79,353
Total	$ 112,405

Merger and Acquisitions (Detail

Merger and Acquisitions (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Jul. 31, 2014property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)property	Sep. 30, 2014property	Sep. 16, 2014property	Jul. 01, 2014USD ($)
Business Acquisition [Line Items]
Acquisition related costs		$ 1,600	$ 27,500	$ 2,200
Weighted average useful life (in years)				4 years 219 days
Number of real estate properties (in properties) | property			61	13	15	15
Inland Diversified Real Estate Trust, Inc
Business Acquisition [Line Items]
Number of real estate properties (in properties) | property	60
Assumed liabilities							$ 1,082,158
Inland Diversified Real Estate Trust, Inc | Lease Agreements
Business Acquisition [Line Items]
Weighted average useful life (in years)	5 years 292 days
Rampart Commons
Business Acquisition [Line Items]
Assumed liabilities			$ 12,400
Interest rate, stated percentage			5.73%
The 2014 Operating Property Acquisitions
Business Acquisition [Line Items]
Consideration transferred			$ 2,100,000
Assumed liabilities			$ 860,000

Merger and Acquisitions - Addit

Merger and Acquisitions - Additional Information (Details) $ in Thousands	1 Months Ended		12 Months Ended
	Aug. 31, 2015USD ($)	Jul. 31, 2014USD ($)property	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)property	Sep. 30, 2014property	Sep. 16, 2014property	Jul. 01, 2014USD ($)
Business Acquisition [Line Items]
Acquisition related costs			$ 1,600	$ 27,500	$ 2,200
Number of operating properties acquired (in properties) | property			4
Loans assumed			$ 40,303
Weighted average useful life (in years)					4 years 219 days
Depreciation and amortization			167,312	$ 120,998	$ 54,479
Number of real estate properties (in properties) | property				61	13	15	15
The 2015 Operating Property Acquisitions
Business Acquisition [Line Items]
Pro forma revenue			8,800
Pro forma earnings (loss)			(1,300)
Depreciation and amortization			5,800
Assumed liabilities			$ 28,867
Inland Diversified Real Estate Trust, Inc
Business Acquisition [Line Items]
Acquisition costs		$ 2,128,600
Loans assumed				$ 892,909
Number of real estate properties (in properties) | property		60
Assumed liabilities								$ 1,082,158
Rampart Commons
Business Acquisition [Line Items]
Assumed liabilities				$ 12,400
Interest rate, stated percentage				5.73%
The 2014 Operating Property Acquisitions
Business Acquisition [Line Items]
Pro forma revenue				$ 92,212
Pro forma earnings (loss)				9,463
Consideration transferred				2,100,000
Assumed liabilities				$ 860,000
Lease Agreements | The 2015 Operating Property Acquisitions
Business Acquisition [Line Items]
Weighted average useful life (in years)			9 years 4 months 24 days
Lease Agreements | Inland Diversified Real Estate Trust, Inc
Business Acquisition [Line Items]
Weighted average useful life (in years)		5 years 292 days
Colleyville Downs, Belle Isle Station, Livingston Shopping Center and Chapel Hill Shopping Center
Business Acquisition [Line Items]
Acquisition costs			$ 185,800
Chapel Hill Operating Property
Business Acquisition [Line Items]
Loans assumed	$ 18,300		$ 18,300

Merger and Acquisitions - Prope

Merger and Acquisitions - Property Acquisitions (Details) - USD ($) $ in Millions	1 Months Ended
	Dec. 31, 2014	Jul. 31, 2014	Nov. 30, 2013	Aug. 31, 2013	May. 31, 2013	Apr. 30, 2013	Jan. 31, 2013
Rampart Commons
Real Estate Properties [Line Items]
Acquisition costs	$ 32.3
Shoppes Of Eastwood
Real Estate Properties [Line Items]
Acquisition costs							$ 11.6
Cool Springs Market
Real Estate Properties [Line Items]
Acquisition costs						$ 37.6
Castleton Crossing
Real Estate Properties [Line Items]
Acquisition costs					$ 39
Toringdon Market
Real Estate Properties [Line Items]
Acquisition costs				$ 15.9
Nine Property Portfolio
Real Estate Properties [Line Items]
Acquisition costs			$ 304
Inland Diversified Real Estate Trust, Inc
Real Estate Properties [Line Items]
Acquisition costs		$ 2,128.6

Merger and Acquisitions - Purch

Merger and Acquisitions - Purchase Price Allocation for Properties Acquired (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Jul. 31, 2014	Jul. 01, 2014	Dec. 31, 2013
The 2015 Operating Property Acquisitions
Assets:
Investment properties, net	$ 176,223
Lease-related intangible assets, net	17,436
Other assets	435
Total acquired assets	194,094
Liabilities:
Mortgage and other indebtedness	18,473
Deferred revenue and other liabilities	8,269
Accounts payable and accrued expenses	2,125
Total assumed liabilities	28,867
Fair value of acquired net assets	$ 165,227
Inland Diversified Real Estate Trust, Inc
Assets:
Investment properties, net				$ 2,095,567
Deferred costs, net				143,210
Investments in marketable securities				18,602
Cash and cash equivalents				108,666
Accounts receivable, prepaid expenses, and other				20,157
Total acquired assets				2,386,202
Liabilities:
Mortgage and other indebtedness				892,909
Debt premium		$ 33,298	$ 33,298
Deferred revenue and other liabilities				129,935
Accounts payable and accrued expenses				59,314
Total assumed liabilities				1,082,158
Noncontrolling interests				69,356
Common stock issued				1,234,688
Total estimated fair value of acquired net assets				$ 2,386,202
The 2013 Operating Property Acquisitions
Assets:
Investment properties, net					$ 419,080
Lease-related intangible assets, net					19,537
Other assets					293
Total acquired assets					438,910
Liabilities:
Deferred revenue and other liabilities					29,291
Accounts payable and accrued expenses					2,204
Total assumed liabilities					31,495
Fair value of acquired net assets					$ 407,415

Merger and Acquisitions - Level

Merger and Acquisitions - Level 3 Assumptions (Details)	12 Months Ended
	Dec. 31, 2015ft²
Anchor
Fair Value, Option, Quantitative Disclosures [Line Items]
Area of real estate property (in sqft)	10,000
Income Approach Valuation Technique | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Lease-up period (months)	6 months
Discount rate	5.75%
Income Approach Valuation Technique | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Lease-up period (months)	18 months
Discount rate	9.25%
Income Approach Valuation Technique | Anchor | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Net rental rate per square foot	5
Income Approach Valuation Technique | Anchor | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Net rental rate per square foot	30
Income Approach Valuation Technique | Small Shops | Minimum
Fair Value, Option, Quantitative Disclosures [Line Items]
Net rental rate per square foot	11
Income Approach Valuation Technique | Small Shops | Maximum
Fair Value, Option, Quantitative Disclosures [Line Items]
Net rental rate per square foot	53

Merger and Acquisitions - Reven

Merger and Acquisitions - Revenue and Earnings of Acquired Properties (Details) $ in Thousands	2 Months Ended	12 Months Ended
	Dec. 31, 2014property	Dec. 31, 2014USD ($)
Expenses:
Number of properties sold (in properties) | property	8
The 2014 Operating Property Acquisitions
Business Acquisition [Line Items]
Pro forma revenue		$ 92,212
Expenses:
Property operating		14,262
Real estate taxes and other		11,254
Depreciation and amortization		43,257
Interest expense		14,845
Total expenses		83,618
Gain on sale and other		2,153
Net income impact from 2014 acquisitions prior to income allocable to noncontrolling interests		10,747
Income allocable to noncontrolling interests		(1,284)
Impact from 2014 acquisitions on income attributable to Kite Realty Trust		$ 9,463

Merger and Acquisitions - Pro F

Merger and Acquisitions - Pro Forma Information (Details) - Inland Diversified Real Estate Trust, Inc - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Total revenue	$ 355,716	$ 357,506
Consolidated net income	$ 26,911	$ 2,219

Disposals, Discontinued Opera63

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge - Additional Information (Details) $ in Thousands	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2015USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)property	Sep. 30, 2014property	Sep. 16, 2014property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of real estate			$ 170,016	$ 191,126	$ 7,293
Impairment charge			1,592	$ 0	$ 0
Number of real estate properties (in properties) | property				61	13	15	15
Gain (loss) on sale of properties			$ 5,600	$ 1,500	$ 6,200
Seven Property Disposal
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties (in properties) | property	7
Disposal group, including discontinued operation, assets	$ 103,000
Gain (loss) on sale of properties	$ 3,400
Eight Property Disposal
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of real estate properties (in properties) | property				8
Disposal group, including discontinued operation, assets				$ 150,800
Gain (loss) on sale of properties				1,400
Shops at Otty
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment charge		$ 1,600
Four Corner and Cornelius Gateway
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of real estate		44,900
Gain (loss) on disposal		$ 600
Red Bank Commons, Ridge Plaza, Zionsville Walgreens, 50th and 12th operating properties
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of real estate				42,500
Gain (loss) on disposal				$ 9,600

Disposals, Discontinued Opera64

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge - Operating Properties Sold (Details) - ft²	Dec. 31, 2015	Dec. 31, 2014
Copps Grocery
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		69,911
Fox Point
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		171,121
Harvest Square
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		70,590
Landing at Ocean Isle Beach
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		53,220
Branson Hills Plaza
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		289,986
Shoppes at Prairie Ridge
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		128,431
Heritage Square
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area		22,385
Eastside Junction
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	79,700
Fairgrounds Crossing
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	151,927
Hawk Ridge
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	75,951
Prattville Town Center
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	168,842
Regal Court
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	151,719
Whispering Ridge
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	69,676
Walgreens Plaza
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net rentable area	42,219

Disposals, Discontinued Opera65

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge - Assets and Liabilities Associated with the Held for Sale Properties (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets:
Deferred costs and intangibles, net	$ 0	$ 8,986
Liabilities:
Total liabilities held for sale	$ 0	81,164
Portfolio
Assets:
Investment properties, at cost		170,782
Less: accumulated depreciation		(1,313)
Investment properties, net		169,469
Accounts receivable, prepaids and other assets		1,187
Deferred costs and intangibles, net		8,986
Total assets held for sale		179,642
Liabilities:
Mortgage and other indebtedness, including net premium		67,452
Accounts payable and accrued expenses		1,428
Deferred revenue, intangibles and other liabilities		12,284
Total liabilities held for sale		$ 81,164

Disposals, Discontinued Opera66

Disposals, Discontinued Operations, Investment Properties Held for Sale and Impairment Charge - Schedule of Disposal Groups (Details) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Expenses:
Loss from discontinued operations					$ 0	$ 0	$ 834
Gain on debt extinguishment					5,645	0	0
Gain on sale of operating properties, net					0	3,198	487
Income (loss) from discontinued operations	$ 0	$ 0	$ 0	$ 3,198	0	3,198	(2,809)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders					$ 0	3,111	(2,620)
Other Disposals
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue						0	2,565
Expenses:
Expenses						0	6,532
Operating loss						0	(3,967)
Interest expense						0	(571)
Loss from discontinued operations						0	(4,538)
Gain on debt extinguishment						0	1,242
Gain on sale of operating properties, net						3,198	487
Income (loss) from discontinued operations						3,198	(2,809)
Income (loss) from discontinued operations attributable to Kite Realty Group Trust common shareholders						3,111	(2,620)
Income (loss) from discontinued operations attributable to noncontrolling interests						87	(189)
Other Disposals | Property operating
Expenses:
Expenses						0	117
Other Disposals | Real estate taxes and other
Expenses:
Expenses						0	199
Other Disposals | Depreciation and amortization
Expenses:
Expenses						0	844
Other Disposals | Impairment charge
Expenses:
Expenses						$ 0	$ 5,372

- Consolidated Indebtedness by

- Consolidated Indebtedness by Type of Debt (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Jun. 29, 2015	Jun. 28, 2015
Participating Mortgage Loans [Line Items]
Long-term debt	$ 1,734,059,000	$ 1,554,263,000
Revolving Credit Facility
Participating Mortgage Loans [Line Items]
Remaining borrowing capacity	$ 339,500,000
Maximum borrowing capacity		$ 500,000,000
Basis spread on variable rate	1.40%	1.40%
Interest rate, effective percentage	1.83%	1.57%
Long-term debt	$ 20,000,000	$ 160,000,000
Senior Unsecured Notes
Participating Mortgage Loans [Line Items]
Long-term debt	$ 250,000,000
Senior Unsecured Notes | Fixed Rate Debt | Minimum
Participating Mortgage Loans [Line Items]
Interest rate during period	4.23%
Senior Unsecured Notes | Fixed Rate Debt | Maximum
Participating Mortgage Loans [Line Items]
Interest rate during period	4.57%
Unsecured Debt
Participating Mortgage Loans [Line Items]
Long-term debt	$ 500,000,000	$ 230,000,000	$ 400,000,000	$ 230,000,000
Unsecured Debt | Unsecured Term Loans, Maturing July 2019
Participating Mortgage Loans [Line Items]
Basis spread on variable rate	1.35%	1.35%
Interest rate, effective percentage	1.78%	1.52%
Face amount	$ 400,000,000	$ 400,000,000
Unsecured Debt | Unsecured Term Loans, Maturing October 2022
Participating Mortgage Loans [Line Items]
Basis spread on variable rate	1.60%
Interest rate, effective percentage	2.03%
Face amount	$ 100,000,000	100,000,000
Construction Loans | Variable Rate Debt
Participating Mortgage Loans [Line Items]
Long-term debt	$ 132,776,000	$ 119,347,000
Construction Loans | Variable Rate Debt | Minimum
Participating Mortgage Loans [Line Items]
Basis spread on variable rate	1.75%	1.75%
Interest rate, effective percentage	2.18%	1.92%
Construction Loans | Variable Rate Debt | Maximum
Participating Mortgage Loans [Line Items]
Basis spread on variable rate	2.10%	2.10%
Interest rate, effective percentage	2.53%	2.27%
Mortgages | Variable Rate Debt
Participating Mortgage Loans [Line Items]
Long-term debt	$ 58,268,000	$ 205,798,000
Mortgages | Variable Rate Debt | Minimum
Participating Mortgage Loans [Line Items]
Interest rate during period	2.13%	1.92%
Basis spread on variable rate	1.70%	1.75%
Mortgages | Variable Rate Debt | Maximum
Participating Mortgage Loans [Line Items]
Interest rate during period	2.68%	2.92%
Basis spread on variable rate	2.25%	2.75%
Mortgages | Fixed Rate Debt
Participating Mortgage Loans [Line Items]
Long-term debt	$ 756,494,000	$ 810,959,000
Mortgages | Fixed Rate Debt | Minimum
Participating Mortgage Loans [Line Items]
Interest rate during period	3.78%	3.81%
Mortgages | Fixed Rate Debt | Maximum
Participating Mortgage Loans [Line Items]
Interest rate during period	6.78%	6.78%
Net Premiums On Acquired Debt
Participating Mortgage Loans [Line Items]
Long-term debt	$ 16,521,000	$ 28,159,000

Mortgage Loans and Other Inde68

Mortgage Loans and Other Indebtedness - Additional Information (Details)	Dec. 31, 2015USD ($)	Dec. 10, 2015USD ($)	Oct. 26, 2015USD ($)draw	Sep. 10, 2015USD ($)	Jun. 29, 2015USD ($)	Jun. 28, 2015USD ($)	Dec. 31, 2015USD ($)	Aug. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)property	Dec. 31, 2014USD ($)property	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Mar. 12, 2015
Debt Instrument [Line Items]
Repayments of long-term debt												$ 835,019,000	$ 285,244,000	$ 342,033,000
Non-cash gain on debt extinguishment												5,645,000	0	0
Percentage bearing fixed interest, amount	$ 1,006,500,000						$ 1,006,500,000					1,006,500,000
Long-term debt	1,734,059,000						1,734,059,000				$ 1,554,263,000	1,734,059,000	1,554,263,000
Letters of credit outstanding	14,700,000						14,700,000					14,700,000
Loan proceeds												984,303,000	146,495,000	528,590,000
Repayments of debt												835,000,000
Proceeds from unsecured lines of credit												102,600,000
Proceeds from construction loans payable												14,700,000
Loans assumed												40,303,000
Number of properties sold (in properties) | property											8
Interest costs capitalized												4,600,000	4,800,000	$ 5,100,000
Percentage bearing variable interest, amount	711,000,000						711,000,000					711,000,000
Fixed Rate Debt
Debt Instrument [Line Items]
Long-term debt, fair value	$ 1,090,900,000						$ 1,090,900,000					$ 1,090,900,000
Fixed Rate Debt | Minimum
Debt Instrument [Line Items]
Percentage bearing fixed interest, percentage	3.78%						3.78%					3.78%
Fixed Rate Debt | Maximum
Debt Instrument [Line Items]
Percentage bearing fixed interest, percentage	6.78%						6.78%					6.78%
Variable Rate Debt
Debt Instrument [Line Items]
Long-term debt, fair value	$ 734,500,000						$ 734,500,000					$ 734,500,000
Variable Rate Debt | Minimum
Debt Instrument [Line Items]
Percentage bearing fixed interest, percentage														1.78%
Variable Rate Debt | Maximum
Debt Instrument [Line Items]
Percentage bearing fixed interest, percentage														2.68%
Seven Property Disposal
Debt Instrument [Line Items]
Number of properties sold (in properties) | property										7
Seven Property Disposal | Inland Diversified Real Estate Trust
Debt Instrument [Line Items]
Loans assumed										$ 40,300,000
Notes reduction										24,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Repayments of lines of credit				$ 199,600,000			44,900,000		$ 140,000,000	$ 27,000,000
Long-term debt	20,000,000						20,000,000				$ 160,000,000	20,000,000	160,000,000
Remaining borrowing capacity	339,500,000						339,500,000					339,500,000
Long-term line of credit	20,000,000						20,000,000					20,000,000
Proceeds from unsecured lines of credit												30,000,000
Rampart Commons, Colleyville Downs, Belle Isle Station, Livingston Shopping Center and Chapel Hill Shopping Center [Member] | Revolving Credit Facility
Debt Instrument [Line Items]
Proceeds from unsecured lines of credit												59,000,000
Chapel Hill Operating Property
Debt Instrument [Line Items]
Debt premium								$ 200,000
Senior Unsecured Notes
Debt Instrument [Line Items]
Percentage bearing fixed interest, amount				$ 250,000,000
Percentage bearing fixed interest, percentage				4.41%
Weighted average maturity (in years)				9 years 9 months 18 days
Long-term debt	250,000,000						250,000,000					250,000,000
Unsecured Debt
Debt Instrument [Line Items]
Debt instrument, term (in years)			7 years
Unused borrowing capacity, amount	100,000,000		$ 200,000,000				100,000,000					100,000,000
Proceeds from issuance of unsecured debt	100,000,000											270,000,000
Number of additional draws | draw			2
Minimum borrowing amount			$ 25,000,000
Interest rate, stated percentage															6.00%
Long-term debt	500,000,000				$ 400,000,000	$ 230,000,000	500,000,000				$ 230,000,000	500,000,000	$ 230,000,000
Maximum leverage ratio					65.00%	60.00%
Unsecured leverage ratio					0.65	0.60
Term Loan
Debt Instrument [Line Items]
Long-term debt	$ 500,000,000						500,000,000					500,000,000
Scheduled Principal Payments
Debt Instrument [Line Items]
Repayments of long-term debt												6,500,000
City Center Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt		$ 90,000,000
Non-cash gain on debt extinguishment		$ 5,600,000
Crossing at Killingly Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt				$ 33,000,000
Loan proceeds							$ 33,000,000
Draper Peaks Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt									23,900,000
Beacon Hill Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt									$ 6,600,000
Indian River Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt												12,200,000
Plaza Volente Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt												26,200,000
Landstown Commons Operating Property
Debt Instrument [Line Items]
Repayments of long-term debt												50,100,000
Chapel Hill Operating Property
Debt Instrument [Line Items]
Loans assumed								$ 18,300,000				$ 18,300,000
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Percentage bearing variable interest, percentage rate	0.43%						0.43%				0.17%	0.43%	0.17%

Mortgage Loans and Other Inde69

Mortgage Loans and Other Indebtedness - Schedule of Debt Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Annual Principal Payments
2,016	$ 5,666
2,017	5,103
2,018	5,335
2,019	5,255
2,020	5,200
Thereafter	12,196
Long-term debt, annual principal payments, gross	38,755
Term Maturity
2,016	261,041
2,017	17,026
2,018	62,584
2,019	20,000
2,020	442,339
Thereafter	875,793
Long-term debt, term maturity, gross	1,678,783
Total
2,016	266,707
2,017	22,129
2,018	67,919
2,019	25,255
2,020	447,539
Thereafter	887,989
Long-term debt, gross	1,717,538
Unamortized Premiums	16,521
Long-term Debt	$ 1,734,059	$ 1,554,263

Derivative Instruments, Hedgi70

Derivative Instruments, Hedging Activities and Other Comprehensive Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Average cap interest rate	2.75%
Interest rate fair value hedge liability at fair value	$ 4,800	$ 4,400
Gain (loss) reclassified from AOCI into income, effective portion, net	(5,600)	(5,100)	$ (2,800)
Interest expense	56,432	45,513	$ 27,994
Increase As Hedged Forecasted Interest Payments Occur
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest expense	2,600
Prepaid Expenses and Other Current Assets
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate fair value hedge asset at fair value	200	700
Accounts Payable and Accrued Liabilities
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate fair value hedge liability at fair value	5,000	5,100
Accrued Interest
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate fair value hedge liability at fair value	400	$ 500
Cash Flow Hedging
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, notional amount	$ 498,300

Lease Information - Additional

Lease Information - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)aownerlease	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Operating Leased Assets [Line Items]
Operating lease, term of contract (in years)	5 years 1 month 6 days
Operating leases, earned overage rent revenue	$ 1.4	$ 1.1	$ 0.6
Number of properties subject to lease | lease	9
Area of land (in acres) | a	43
Number of landowners | owner	8
Rent expense	$ 1.1	$ 0.7	$ 0.7
Eddy Street Commons
Operating Leased Assets [Line Items]
Operating lease, term of contract (in years)	75 years
Minimum
Operating Leased Assets [Line Items]
Extension option (in years)	5 years
Length of extension option (in years)	30 years
Maximum
Operating Leased Assets [Line Items]
Extension option (in years)	10 years
Length of extension option (in years)	60 years

Lease Information - Future Mini

Lease Information - Future Minimum Rentals (Details) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
2,016	$ 255,764
2,017	238,169
2,018	203,888
2,019	174,547
2,020	150,735
Thereafter	743,848
Total	$ 1,766,951

Lease Information - Future Mi73

Lease Information - Future Minimum Lease Payments Due (Details) $ in Thousands	Dec. 31, 2015USD ($)
Leases [Abstract]
2,016	$ 1,494
2,017	1,494
2,018	1,132
2,019	1,103
2,020	1,088
Thereafter	44,583
Total	$ 50,894

Shareholders_ Equity (Details)

Shareholders’ Equity (Details) $ / shares in Units, $ in Thousands	Dec. 07, 2015USD ($)$ / sharesshares	Aug. 11, 2014shares	Nov. 30, 2013USD ($)property$ / sharesshares	May. 31, 2013USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)property$ / sharesshares	Dec. 31, 2013USD ($)property$ / sharesshares	May. 31, 2015shares	Apr. 30, 2015shares	Sep. 30, 2014property	Sep. 16, 2014property	Aug. 10, 2014shares
Class of Stock [Line Items]
Common shares outstanding (in shares) | shares		83,200,000			83,334,865	83,334,865	83,490,663						332,700,000
Common shares, shares authorized (in shares) | shares					225,000,000	225,000,000	450,000,000	200,000,000	225,000,000	450,000,000
Common share issuance proceeds, net of costs						$ 0	$ 0	$ 314,771
Number of real estate properties (in properties) | property							61	13			15	15
Dividends payable					$ 23,700	$ 23,700	$ 22,100
Preferred Shares, shares outstanding (in shares) | shares					0	0	4,100,000
Other preferred stock dividends and adjustments						$ 3,797	$ 0	$ 0
Dividends declared per common share (in dollars per share) | $ / shares					$ 0.2725	$ 1.09	$ 1.02	$ 0.96
Unencumbered
Class of Stock [Line Items]
Number of real estate properties (in properties) | property			9
Common Stock
Class of Stock [Line Items]
Issuance of common shares (in shares) | shares			9,200,000	3,900,000
Sale of stock, price per share (in dollars per share) | $ / shares			$ 24.64	$ 26.20
Common share issuance proceeds, net of costs			$ 217,000	$ 97,000
Series A Preferred Stock
Class of Stock [Line Items]
Preferred Shares, shares outstanding (in shares) | shares	4,100,000
Preferred stock dividend rate	8.25%
Redemption price per share (in dollars per share) | $ / shares	$ 25
Dividends payable (in dollars per share) | $ / shares	$ 0.0287
Preferred stock, redemption amount	$ 102,600
Other preferred stock dividends and adjustments	$ 3,800
Reverse Stock Split
Class of Stock [Line Items]
Stock split, conversion ratio		4

Quarterly Financial Data (Una75

Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]
Total revenue	$ 89,295	$ 87,147	$ 83,735	$ 86,828	$ 87,448	$ 88,576	$ 40,843	$ 42,660
Operating income	20,307	16,911	16,099	18,483	21,120	(1,316)	4,319	5,206	$ 71,797	$ 29,329	$ 27,592
Income from continuing operations	10,402	2,961	7,235	4,499	5,786	(16,729)	(3,196)	(2,217)	15,443	(17,268)	(8,686)
Income (loss) from discontinued operations					0	0	0	3,198	0	3,198	(2,809)
Gain on sale of operating properties, net	854	0		3,363	2,243	2,749		3,490	4,066	8,578	0
Consolidated net income	11,256	2,961	7,235	7,862	8,029	(13,980)	(3,196)	4,471	29,315	(4,676)	(3,535)
Net income from continuing operations attributable to Kite Realty Group Trust common shareholders	10,685	2,526	6,727	7,179	7,227	(14,284)	(2,976)	4,332	$ 15,443	$ (14,157)	$ (11,306)
Net income attributable to Kite Realty Group Trust common shareholders	$ 5,353	$ 412	$ 4,613	$ 5,065	$ 5,113	$ (16,398)	$ (5,090)	$ 2,218
Net income per common share – basic and diluted:
Net income from continuing operations attributable to Kite Realty Group Trust common shareholders (in dollars per share))	$ 0.06	$ 0	$ 0.06	$ 0.06	$ 0.06	$ (0.20)	$ (0.16)	$ 0	$ 0.19	$ (0.24)	$ (0.48)
Net income attributable to Kite Realty Group Trust common shareholders (in dollars per share)	$ 0.06	$ 0	$ 0.06	$ 0.06	$ 0.06	$ (0.20)	$ (0.16)	$ 0.08	$ 0.18	$ (0.24)	$ (0.48)
Weighted average Common Shares outstanding - basic (in shares)	83,327,664	83,325,074	83,506,078	83,532,092	83,478,680	83,455,900	32,884,467	32,755,898	83,421,904	58,353,448	23,535,434
Weighted average Common Shares outstanding - diluted (in shares)	83,438,844	83,433,379	83,803,879	83,625,352	83,727,400	83,455,900	32,884,467	32,755,898	83,534,381	58,353,448	23,535,434

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	12 Months Ended
	Dec. 31, 2015USD ($)property	Dec. 31, 2014USD ($)property	Dec. 31, 2013USD ($)property	Sep. 30, 2014property	Sep. 16, 2014property	Jul. 01, 2014property
Loss Contingencies [Line Items]
Letters of credit outstanding	$ 14,700,000
Amount Advanced	0
Number of real estate properties (in properties) | property		61	13	15	15
Contingent consideration liability	1,380,000	$ 9,664,000
Change in contingent consideration, liability	$ 4,832,000	0	$ 0
Inland Diversified Real Estate Trust
Loss Contingencies [Line Items]
Number of real estate properties (in properties) | property						60
Earnout | Inland Diversified Real Estate Trust
Loss Contingencies [Line Items]
Number of real estate properties (in properties) | property	6
Contingent consideration liability	$ 1,400,000	$ 9,700,000

Commitments and Contingencies77

Commitments and Contingencies - Earnout Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loss Contingency Accrual [Roll Forward]
Earnout liability – beginning of period	$ 9,664
Decreases:
Settlement of earnout obligations	(2,581)	$ 0	$ 0
Adjustments to estimated fair value determination during the Merger measurement period	(871)
Non-cash gain from release of assumed earnout liability	(4,832)	0	$ 0
Earnout liability – end of period	$ 1,380	$ 9,664

Supplemental Schedule of Non-78

Supplemental Schedule of Non-Cash Investing/Financing Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Jul. 31, 2014	Jul. 01, 2014
Condensed Cash Flow Statements, Captions [Line Items]
Loans assumed	$ 40,303
Dividends payable	23,700	$ 22,100
Distributions to preferred shareholders	7,877	8,456	$ 8,456
Inland Diversified Real Estate Trust, Inc
Condensed Cash Flow Statements, Captions [Line Items]
Loans assumed		75,800
Rampart Commons
Condensed Cash Flow Statements, Captions [Line Items]
Debt premium	2,221
Assumption of debt		14,586
Chapel Hill Operating Property
Condensed Cash Flow Statements, Captions [Line Items]
Debt premium	212
Assumption of debt	$ 18,462
Kedron Village
Condensed Cash Flow Statements, Captions [Line Items]
Loans assumed			29,195
Net assets of Kedron Village transferred to lender (excluding non-recourse debt)			27,953
Inland Diversified Real Estate Trust, Inc
Condensed Cash Flow Statements, Captions [Line Items]
Debt premium		33,298		$ 33,298
Loans assumed		892,909
Properties and other assets acquired upon completion of Merger		2,367,600
Marketable securities acquired upon completion of Merger		18,602
Assumption of debt					$ 1,082,158
Preferred Stock
Condensed Cash Flow Statements, Captions [Line Items]
Dividends payable		$ 705	$ 705

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Related Party Transaction [Line Items]
Expenses from transactions with related party	$ 400,000	$ 400,000	$ 300,000
Unconsolidated Entities
Related Party Transaction [Line Items]
Revenue from related parties (less than .1 million)	0	0	0
Entities Owned by Members of Management
Related Party Transaction [Line Items]
Revenue from related parties (less than .1 million)	$ 100,000	$ 100,000	$ 100,000

Subsequent Events (Details)

Subsequent Events (Details)	Feb. 11, 2016USD ($)	Feb. 04, 2016$ / shares	Jan. 28, 2016USD ($)	Feb. 26, 2016USD ($)shares	Mar. 31, 2015	Dec. 31, 2015USD ($)$ / shares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)$ / sharesshares	Jan. 06, 2016USD ($)swap
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share) | $ / shares						$ 0.2725	$ 1.09	$ 1.02	$ 0.96
Repayments of long-term debt							$ 835,019,000	$ 285,244,000	$ 342,033,000
Percent of compensation in three-year performance shares							50.00%
Restricted Stock
Subsequent Event [Line Items]
Shares granted (in shares) | shares							121,075	499,436	103,685
Restricted Stock Units (RSUs)
Subsequent Event [Line Items]
Award requisite service period (in years)							3 years
Award vesting period (in years)					3 years
Expiration period (in years)					3 years
Award measurement period (in years)							3 years
Aggregate intrinsic value, nonvested						$ 1,100,000	$ 1,100,000
Minimum | Restricted Stock
Subsequent Event [Line Items]
Award vesting period (in years)							1 year
Maximum | Restricted Stock
Subsequent Event [Line Items]
Award vesting period (in years)							5 years
Subsequent Event
Subsequent Event [Line Items]
Dividends declared per common share (in dollars per share) | $ / shares		$ 0.2875
Dividend distribution increase percentage		5.50%
Subsequent Event | Restricted Stock
Subsequent Event [Line Items]
Shares granted (in shares) | shares				103,685
Subsequent Event | Restricted Stock Units (RSUs)
Subsequent Event [Line Items]
Award requisite service period (in years)				3 years
Award vesting period (in years)				3 years
Expiration period (in years)				3 years
Award measurement period (in years)				3 years
Aggregate intrinsic value, nonvested				$ 1,000,000
Subsequent Event | Minimum
Subsequent Event [Line Items]
Percent of compensation in three-year performance shares				50.00%
Subsequent Event | Minimum | Restricted Stock
Subsequent Event [Line Items]
Award vesting period (in years)				3 years
Subsequent Event | Maximum
Subsequent Event [Line Items]
Percent of compensation in three-year performance shares				200.00%
Subsequent Event | Maximum | Restricted Stock
Subsequent Event [Line Items]
Award vesting period (in years)				5 years
Subsequent Event | Outperformance Plan 2016
Subsequent Event [Line Items]
Award requisite service period (in years)			3 years
Award vesting period (in years)			2 years
Subsequent Event | Outperformance Plan 2016 | Maximum
Subsequent Event [Line Items]
Deferred compensation share-based arrangements, liability			$ 6,000,000
Subsequent Event | Interest Rate Swap
Subsequent Event [Line Items]
Number of interest rate derivatives held | swap										2
Derivative, notional amount										$ 150,000,000
Variable interest rate										3.208%
Subsequent Event | Cool Creek Commons Operating Property
Subsequent Event [Line Items]
Repayments of long-term debt	$ 16,300,000

Schedule III - Consolidated R81

Schedule III - Consolidated Real Estate and Accumulated Depreciation - Consolidated Real Estate and Accumulated Depreciation (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]
Encumbrances	$ 1,717,538
Initial Cost, Land	889,850
Initial Cost, Building & Improvements	2,927,267
Costs Capitalized Subsequent to Acquisition, Land	3,073
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	105,990
Gross Carry Amount Close of Period, Land	892,923
Gross Carry Amount Close of Period, Building & Improvements	3,033,257
Gross Carry Amount Close of Period, Total	3,926,180	$ 3,897,131	$ 1,872,088	$ 1,390,213
Accumulated Depreciation	428,930	$ 313,524	$ 229,286	$ 190,972
Operating Properties
Real Estate Properties [Line Items]
Encumbrances	854,338
Initial Cost, Land	750,876
Initial Cost, Building & Improvements	2,532,460
Costs Capitalized Subsequent to Acquisition, Land	3,073
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	86,489
Gross Carry Amount Close of Period, Land	753,949
Gross Carry Amount Close of Period, Building & Improvements	2,618,949
Gross Carry Amount Close of Period, Total	3,372,898
Accumulated Depreciation	382,710
Operating Properties | The 12th Street Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,624
Initial Cost, Building & Improvements	13,432
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	190
Gross Carry Amount Close of Period, Land	2,624
Gross Carry Amount Close of Period, Building & Improvements	13,622
Gross Carry Amount Close of Period, Total	16,246
Accumulated Depreciation	2,103
Operating Properties | 54th & College
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,672
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	2,672
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	2,672
Accumulated Depreciation	0
Operating Properties | Bayonne Crossing
Real Estate Properties [Line Items]
Encumbrances	45,000
Initial Cost, Land	47,809
Initial Cost, Building & Improvements	44,297
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	627
Gross Carry Amount Close of Period, Land	47,809
Gross Carry Amount Close of Period, Building & Improvements	44,924
Gross Carry Amount Close of Period, Total	92,733
Accumulated Depreciation	2,874
Operating Properties | Bayport Commons
Real Estate Properties [Line Items]
Encumbrances	12,325
Initial Cost, Land	7,413
Initial Cost, Building & Improvements	21,846
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,373
Gross Carry Amount Close of Period, Land	7,413
Gross Carry Amount Close of Period, Building & Improvements	23,219
Gross Carry Amount Close of Period, Total	30,632
Accumulated Depreciation	4,952
Operating Properties | Beacon Hill Shopping Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,293
Initial Cost, Building & Improvements	13,528
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	798
Gross Carry Amount Close of Period, Land	3,293
Gross Carry Amount Close of Period, Building & Improvements	14,326
Gross Carry Amount Close of Period, Total	17,619
Accumulated Depreciation	3,215
Operating Properties | Bell Oaks Centre
Real Estate Properties [Line Items]
Encumbrances	6,548
Initial Cost, Land	1,230
Initial Cost, Building & Improvements	12,742
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	97
Gross Carry Amount Close of Period, Land	1,230
Gross Carry Amount Close of Period, Building & Improvements	12,839
Gross Carry Amount Close of Period, Total	14,069
Accumulated Depreciation	1,007
Operating Properties | Belle Isle Station
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	9,130
Initial Cost, Building & Improvements	41,493
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	9,130
Gross Carry Amount Close of Period, Building & Improvements	41,493
Gross Carry Amount Close of Period, Total	50,623
Accumulated Depreciation	1,437
Operating Properties | Bolton Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,733
Initial Cost, Building & Improvements	18,995
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	761
Gross Carry Amount Close of Period, Land	3,733
Gross Carry Amount Close of Period, Building & Improvements	19,756
Gross Carry Amount Close of Period, Total	23,489
Accumulated Depreciation	6,523
Operating Properties | Boulevard Crossings
Real Estate Properties [Line Items]
Encumbrances	11,290
Initial Cost, Land	4,386
Initial Cost, Building & Improvements	9,521
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,000
Gross Carry Amount Close of Period, Land	4,386
Gross Carry Amount Close of Period, Building & Improvements	11,521
Gross Carry Amount Close of Period, Total	15,907
Accumulated Depreciation	4,093
Operating Properties | Bridgewater Marketplace
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,407
Initial Cost, Building & Improvements	8,694
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	81
Gross Carry Amount Close of Period, Land	3,407
Gross Carry Amount Close of Period, Building & Improvements	8,775
Gross Carry Amount Close of Period, Total	12,182
Accumulated Depreciation	2,103
Operating Properties | Burlington Coat Factory
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	29
Initial Cost, Building & Improvements	2,773
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	29
Gross Carry Amount Close of Period, Building & Improvements	2,773
Gross Carry Amount Close of Period, Total	2,802
Accumulated Depreciation	1,024
Operating Properties | Burnt Store Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,107
Initial Cost, Building & Improvements	6,214
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	75
Gross Carry Amount Close of Period, Land	5,107
Gross Carry Amount Close of Period, Building & Improvements	6,289
Gross Carry Amount Close of Period, Total	11,396
Accumulated Depreciation	1,261
Operating Properties | Cannery Corner
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	6,267
Initial Cost, Building & Improvements	10,559
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	78
Gross Carry Amount Close of Period, Land	6,267
Gross Carry Amount Close of Period, Building & Improvements	10,637
Gross Carry Amount Close of Period, Total	16,904
Accumulated Depreciation	802
Operating Properties | Castleton Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	9,761
Initial Cost, Building & Improvements	29,400
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	140
Gross Carry Amount Close of Period, Land	9,761
Gross Carry Amount Close of Period, Building & Improvements	29,540
Gross Carry Amount Close of Period, Total	39,301
Accumulated Depreciation	4,625
Operating Properties | Chapel Hill Shopping Center
Real Estate Properties [Line Items]
Encumbrances	18,250
Initial Cost, Land	0
Initial Cost, Building & Improvements	35,215
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	0
Gross Carry Amount Close of Period, Building & Improvements	35,215
Gross Carry Amount Close of Period, Total	35,215
Accumulated Depreciation	592
Operating Properties | Centennial Center
Real Estate Properties [Line Items]
Encumbrances	70,455
Initial Cost, Land	58,960
Initial Cost, Building & Improvements	73,080
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	436
Gross Carry Amount Close of Period, Land	58,960
Gross Carry Amount Close of Period, Building & Improvements	73,516
Gross Carry Amount Close of Period, Total	132,476
Accumulated Depreciation	8,306
Operating Properties | Centennial Gateway
Real Estate Properties [Line Items]
Encumbrances	44,385
Initial Cost, Land	5,305
Initial Cost, Building & Improvements	49,295
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	171
Gross Carry Amount Close of Period, Land	5,305
Gross Carry Amount Close of Period, Building & Improvements	49,466
Gross Carry Amount Close of Period, Total	54,771
Accumulated Depreciation	4,079
Operating Properties | Centre Point Commons
Real Estate Properties [Line Items]
Encumbrances	14,410
Initial Cost, Land	2,918
Initial Cost, Building & Improvements	22,813
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	243
Gross Carry Amount Close of Period, Land	2,918
Gross Carry Amount Close of Period, Building & Improvements	23,056
Gross Carry Amount Close of Period, Total	25,974
Accumulated Depreciation	1,632
Operating Properties | Clay Marketplace
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,398
Initial Cost, Building & Improvements	8,753
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	25
Gross Carry Amount Close of Period, Land	1,398
Gross Carry Amount Close of Period, Building & Improvements	8,778
Gross Carry Amount Close of Period, Total	10,176
Accumulated Depreciation	1,015
Operating Properties | Cobblestone Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	11,221
Initial Cost, Building & Improvements	46,276
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	147
Gross Carry Amount Close of Period, Land	11,221
Gross Carry Amount Close of Period, Building & Improvements	46,423
Gross Carry Amount Close of Period, Total	57,644
Accumulated Depreciation	7,118
Operating Properties | Colonial Square
Real Estate Properties [Line Items]
Encumbrances	25,000
Initial Cost, Land	11,743
Initial Cost, Building & Improvements	31,568
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	190
Gross Carry Amount Close of Period, Land	11,743
Gross Carry Amount Close of Period, Building & Improvements	31,758
Gross Carry Amount Close of Period, Total	43,501
Accumulated Depreciation	1,818
Operating Properties | Colleyville Downs
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,446
Initial Cost, Building & Improvements	38,696
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	5,446
Gross Carry Amount Close of Period, Building & Improvements	38,696
Gross Carry Amount Close of Period, Total	44,142
Accumulated Depreciation	1,678
Operating Properties | Cool Creek Commons
Real Estate Properties [Line Items]
Encumbrances	16,330
Initial Cost, Land	6,062
Initial Cost, Building & Improvements	13,971
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,430
Gross Carry Amount Close of Period, Land	6,062
Gross Carry Amount Close of Period, Building & Improvements	15,401
Gross Carry Amount Close of Period, Total	21,463
Accumulated Depreciation	4,875
Operating Properties | Cool Springs Market
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	12,684
Initial Cost, Building & Improvements	23,082
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,026
Gross Carry Amount Close of Period, Land	12,684
Gross Carry Amount Close of Period, Building & Improvements	25,108
Gross Carry Amount Close of Period, Total	37,792
Accumulated Depreciation	4,394
Operating Properties | Cove Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,036
Initial Cost, Building & Improvements	18,603
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	489
Gross Carry Amount Close of Period, Land	2,036
Gross Carry Amount Close of Period, Building & Improvements	19,092
Gross Carry Amount Close of Period, Total	21,128
Accumulated Depreciation	5,531
Operating Properties | Crossing at Killingly Commons
Real Estate Properties [Line Items]
Encumbrances	33,000
Initial Cost, Land	21,999
Initial Cost, Building & Improvements	35,242
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	141
Gross Carry Amount Close of Period, Land	21,999
Gross Carry Amount Close of Period, Building & Improvements	35,383
Gross Carry Amount Close of Period, Total	57,382
Accumulated Depreciation	2,537
Operating Properties | Delray Marketplace
Real Estate Properties [Line Items]
Encumbrances	56,833
Initial Cost, Land	18,750
Initial Cost, Building & Improvements	90,524
Costs Capitalized Subsequent to Acquisition, Land	1,284
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	3,200
Gross Carry Amount Close of Period, Land	20,034
Gross Carry Amount Close of Period, Building & Improvements	93,724
Gross Carry Amount Close of Period, Total	113,758
Accumulated Depreciation	8,555
Operating Properties | DePauw University Bookstore and Cafe
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	64
Initial Cost, Building & Improvements	663
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	45
Gross Carry Amount Close of Period, Land	64
Gross Carry Amount Close of Period, Building & Improvements	708
Gross Carry Amount Close of Period, Total	772
Accumulated Depreciation	179
Operating Properties | Draper Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	9,054
Initial Cost, Building & Improvements	28,540
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	159
Gross Carry Amount Close of Period, Land	9,054
Gross Carry Amount Close of Period, Building & Improvements	28,699
Gross Carry Amount Close of Period, Total	37,753
Accumulated Depreciation	2,591
Operating Properties | Draper Peaks
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	11,498
Initial Cost, Building & Improvements	48,877
Costs Capitalized Subsequent to Acquisition, Land	522
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	557
Gross Carry Amount Close of Period, Land	12,020
Gross Carry Amount Close of Period, Building & Improvements	49,434
Gross Carry Amount Close of Period, Total	61,454
Accumulated Depreciation	3,634
Operating Properties | Eastern Beltway
Real Estate Properties [Line Items]
Encumbrances	34,100
Initial Cost, Land	23,221
Initial Cost, Building & Improvements	49,648
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	96
Gross Carry Amount Close of Period, Land	23,221
Gross Carry Amount Close of Period, Building & Improvements	49,744
Gross Carry Amount Close of Period, Total	72,965
Accumulated Depreciation	4,650
Operating Properties | Eastgate
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,073
Initial Cost, Building & Improvements	21,350
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	47
Gross Carry Amount Close of Period, Land	4,073
Gross Carry Amount Close of Period, Building & Improvements	21,397
Gross Carry Amount Close of Period, Total	25,470
Accumulated Depreciation	2,071
Operating Properties | Eastgate Pavilion
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	8,122
Initial Cost, Building & Improvements	19,807
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	858
Gross Carry Amount Close of Period, Land	8,122
Gross Carry Amount Close of Period, Building & Improvements	20,665
Gross Carry Amount Close of Period, Total	28,787
Accumulated Depreciation	7,711
Operating Properties | Eddy Street Commons
Real Estate Properties [Line Items]
Encumbrances	23,946
Initial Cost, Land	1,900
Initial Cost, Building & Improvements	37,858
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	556
Gross Carry Amount Close of Period, Land	1,900
Gross Carry Amount Close of Period, Building & Improvements	38,414
Gross Carry Amount Close of Period, Total	40,314
Accumulated Depreciation	7,604
Operating Properties | Estero Town Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	8,973
Initial Cost, Building & Improvements	9,968
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	85
Gross Carry Amount Close of Period, Land	8,973
Gross Carry Amount Close of Period, Building & Improvements	10,053
Gross Carry Amount Close of Period, Total	19,026
Accumulated Depreciation	2,352
Operating Properties | Fox Lake Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,685
Initial Cost, Building & Improvements	9,324
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	240
Gross Carry Amount Close of Period, Land	5,685
Gross Carry Amount Close of Period, Building & Improvements	9,564
Gross Carry Amount Close of Period, Total	15,249
Accumulated Depreciation	3,204
Operating Properties | Gainesville Plaza
Real Estate Properties [Line Items]
Initial Cost, Land	5,437
Initial Cost, Building & Improvements	18,237
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	776
Gross Carry Amount Close of Period, Land	5,437
Gross Carry Amount Close of Period, Building & Improvements	19,013
Gross Carry Amount Close of Period, Total	24,450
Accumulated Depreciation	3,770
Operating Properties | Geist Pavilion
Real Estate Properties [Line Items]
Encumbrances	10,557
Initial Cost, Land	1,368
Initial Cost, Building & Improvements	9,481
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,674
Gross Carry Amount Close of Period, Land	1,368
Gross Carry Amount Close of Period, Building & Improvements	11,155
Gross Carry Amount Close of Period, Total	12,523
Accumulated Depreciation	3,890
Operating Properties | Glendale Town Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,494
Initial Cost, Building & Improvements	44,230
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,618
Gross Carry Amount Close of Period, Land	1,494
Gross Carry Amount Close of Period, Building & Improvements	45,848
Gross Carry Amount Close of Period, Total	47,342
Accumulated Depreciation	24,226
Operating Properties | Greyhound Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,629
Initial Cost, Building & Improvements	794
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	887
Gross Carry Amount Close of Period, Land	2,629
Gross Carry Amount Close of Period, Building & Improvements	1,681
Gross Carry Amount Close of Period, Total	4,310
Accumulated Depreciation	532
Operating Properties | Hamilton Crossing - Phase II & III
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,859
Initial Cost, Building & Improvements	23,709
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	56
Gross Carry Amount Close of Period, Land	2,859
Gross Carry Amount Close of Period, Building & Improvements	23,765
Gross Carry Amount Close of Period, Total	26,624
Accumulated Depreciation	1,555
Operating Properties | Hitchcock Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,260
Initial Cost, Building & Improvements	22,076
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	36
Gross Carry Amount Close of Period, Land	4,260
Gross Carry Amount Close of Period, Building & Improvements	22,112
Gross Carry Amount Close of Period, Total	26,372
Accumulated Depreciation	1,252
Operating Properties | Holly Springs Towne Center Phase I
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	12,319
Initial Cost, Building & Improvements	46,897
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,524
Gross Carry Amount Close of Period, Land	12,319
Gross Carry Amount Close of Period, Building & Improvements	49,421
Gross Carry Amount Close of Period, Total	61,740
Accumulated Depreciation	4,114
Operating Properties | Hunters Creak Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	8,335
Initial Cost, Building & Improvements	12,842
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	357
Gross Carry Amount Close of Period, Land	8,335
Gross Carry Amount Close of Period, Building & Improvements	13,199
Gross Carry Amount Close of Period, Total	21,534
Accumulated Depreciation	1,178
Operating Properties | Indian River Square
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,100
Initial Cost, Building & Improvements	6,359
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	545
Gross Carry Amount Close of Period, Land	5,100
Gross Carry Amount Close of Period, Building & Improvements	6,904
Gross Carry Amount Close of Period, Total	12,004
Accumulated Depreciation	2,099
Operating Properties | International Speedway Square
Real Estate Properties [Line Items]
Encumbrances	19,694
Initial Cost, Land	7,769
Initial Cost, Building & Improvements	18,057
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	9,288
Gross Carry Amount Close of Period, Land	7,769
Gross Carry Amount Close of Period, Building & Improvements	27,345
Gross Carry Amount Close of Period, Total	35,114
Accumulated Depreciation	12,673
Operating Properties | Kings Lake Square
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,519
Initial Cost, Building & Improvements	15,754
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	242
Gross Carry Amount Close of Period, Land	4,519
Gross Carry Amount Close of Period, Building & Improvements	15,996
Gross Carry Amount Close of Period, Total	20,515
Accumulated Depreciation	6,042
Operating Properties | Kingwood Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,715
Initial Cost, Building & Improvements	31,012
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	22
Gross Carry Amount Close of Period, Land	5,715
Gross Carry Amount Close of Period, Building & Improvements	31,034
Gross Carry Amount Close of Period, Total	36,749
Accumulated Depreciation	3,558
Operating Properties | Lake City Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,415
Initial Cost, Building & Improvements	10,242
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	26
Gross Carry Amount Close of Period, Land	3,415
Gross Carry Amount Close of Period, Building & Improvements	10,268
Gross Carry Amount Close of Period, Total	13,683
Accumulated Depreciation	761
Operating Properties | Lake City Commons- Phase II
Real Estate Properties [Line Items]
Initial Cost, Land	1,277
Initial Cost, Building & Improvements	2,247
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	16
Gross Carry Amount Close of Period, Land	1,277
Gross Carry Amount Close of Period, Building & Improvements	2,263
Gross Carry Amount Close of Period, Total	3,540
Accumulated Depreciation	167
Operating Properties | Lake Mary Plaza
Real Estate Properties [Line Items]
Encumbrances	5,080
Initial Cost, Land	1,413
Initial Cost, Building & Improvements	8,726
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	34
Gross Carry Amount Close of Period, Land	1,413
Gross Carry Amount Close of Period, Building & Improvements	8,760
Gross Carry Amount Close of Period, Total	10,173
Accumulated Depreciation	503
Operating Properties | Lakewood Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,783
Initial Cost, Building & Improvements	25,604
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	546
Gross Carry Amount Close of Period, Land	1,783
Gross Carry Amount Close of Period, Building & Improvements	26,150
Gross Carry Amount Close of Period, Total	27,933
Accumulated Depreciation	3,407
Operating Properties | Landstown Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	19,329
Initial Cost, Building & Improvements	92,114
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,925
Gross Carry Amount Close of Period, Land	19,329
Gross Carry Amount Close of Period, Building & Improvements	94,039
Gross Carry Amount Close of Period, Total	113,368
Accumulated Depreciation	6,979
Operating Properties | Lima Marketplace
Real Estate Properties [Line Items]
Encumbrances	8,383
Initial Cost, Land	4,703
Initial Cost, Building & Improvements	15,732
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	548
Gross Carry Amount Close of Period, Land	4,703
Gross Carry Amount Close of Period, Building & Improvements	16,280
Gross Carry Amount Close of Period, Total	20,983
Accumulated Depreciation	1,217
Operating Properties | Lithia Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,065
Initial Cost, Building & Improvements	10,049
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	5,361
Gross Carry Amount Close of Period, Land	3,065
Gross Carry Amount Close of Period, Building & Improvements	15,410
Gross Carry Amount Close of Period, Total	18,475
Accumulated Depreciation	2,876
Operating Properties | Livingston Shopping Center
Real Estate Properties [Line Items]
Initial Cost, Land	10,372
Initial Cost, Building & Improvements	35,693
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	10,372
Gross Carry Amount Close of Period, Building & Improvements	35,693
Gross Carry Amount Close of Period, Total	46,065
Accumulated Depreciation	618
Operating Properties | Lowe's Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,125
Initial Cost, Building & Improvements	6,100
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1
Gross Carry Amount Close of Period, Land	2,125
Gross Carry Amount Close of Period, Building & Improvements	6,101
Gross Carry Amount Close of Period, Total	8,226
Accumulated Depreciation	510
Operating Properties | Market Street Village
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	9,764
Initial Cost, Building & Improvements	17,123
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	2,025
Gross Carry Amount Close of Period, Land	9,764
Gross Carry Amount Close of Period, Building & Improvements	19,148
Gross Carry Amount Close of Period, Total	28,912
Accumulated Depreciation	6,033
Operating Properties | Memorial Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,568
Initial Cost, Building & Improvements	14,651
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	309
Gross Carry Amount Close of Period, Land	1,568
Gross Carry Amount Close of Period, Building & Improvements	14,960
Gross Carry Amount Close of Period, Total	16,528
Accumulated Depreciation	848
Operating Properties | Merrimack Village Center
Real Estate Properties [Line Items]
Encumbrances	5,445
Initial Cost, Land	1,921
Initial Cost, Building & Improvements	12,787
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	1,921
Gross Carry Amount Close of Period, Building & Improvements	12,787
Gross Carry Amount Close of Period, Total	14,708
Accumulated Depreciation	976
Operating Properties | Miramar Square
Real Estate Properties [Line Items]
Encumbrances	31,625
Initial Cost, Land	26,392
Initial Cost, Building & Improvements	31,027
Costs Capitalized Subsequent to Acquisition, Land	489
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	449
Gross Carry Amount Close of Period, Land	26,881
Gross Carry Amount Close of Period, Building & Improvements	31,476
Gross Carry Amount Close of Period, Total	58,357
Accumulated Depreciation	2,258
Operating Properties | Mullins Crossing
Real Estate Properties [Line Items]
Encumbrances	20,471
Initial Cost, Land	10,582
Initial Cost, Building & Improvements	42,403
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	294
Gross Carry Amount Close of Period, Land	10,582
Gross Carry Amount Close of Period, Building & Improvements	42,697
Gross Carry Amount Close of Period, Total	53,279
Accumulated Depreciation	4,260
Operating Properties | Naperville Marketplace
Real Estate Properties [Line Items]
Encumbrances	7,940
Initial Cost, Land	5,364
Initial Cost, Building & Improvements	11,830
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	5,364
Gross Carry Amount Close of Period, Building & Improvements	11,830
Gross Carry Amount Close of Period, Total	17,194
Accumulated Depreciation	2,977
Operating Properties | Northcrest Shoping Center
Real Estate Properties [Line Items]
Encumbrances	15,780
Initial Cost, Land	4,044
Initial Cost, Building & Improvements	33,985
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	31
Gross Carry Amount Close of Period, Land	4,044
Gross Carry Amount Close of Period, Building & Improvements	34,016
Gross Carry Amount Close of Period, Total	38,060
Accumulated Depreciation	1,962
Operating Properties | Northdale Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,718
Initial Cost, Building & Improvements	23,123
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	367
Gross Carry Amount Close of Period, Land	1,718
Gross Carry Amount Close of Period, Building & Improvements	23,490
Gross Carry Amount Close of Period, Total	25,208
Accumulated Depreciation	3,707
Operating Properties | Oleander Place
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	863
Initial Cost, Building & Improvements	6,159
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	863
Gross Carry Amount Close of Period, Building & Improvements	6,159
Gross Carry Amount Close of Period, Total	7,022
Accumulated Depreciation	1,232
Operating Properties | Palm Coast Landing
Real Estate Properties [Line Items]
Encumbrances	22,550
Initial Cost, Land	4,962
Initial Cost, Building & Improvements	38,013
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	186
Gross Carry Amount Close of Period, Land	4,962
Gross Carry Amount Close of Period, Building & Improvements	38,199
Gross Carry Amount Close of Period, Total	43,161
Accumulated Depreciation	2,485
Operating Properties | Parkside Town Commons - Phase I
Real Estate Properties [Line Items]
Encumbrances	18,804
Initial Cost, Land	2,568
Initial Cost, Building & Improvements	39,720
Costs Capitalized Subsequent to Acquisition, Land	540
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	850
Gross Carry Amount Close of Period, Land	3,108
Gross Carry Amount Close of Period, Building & Improvements	40,570
Gross Carry Amount Close of Period, Total	43,678
Accumulated Depreciation	2,185
Operating Properties | Perimeter Woods
Real Estate Properties [Line Items]
Encumbrances	33,330
Initial Cost, Land	35,793
Initial Cost, Building & Improvements	27,277
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	41
Gross Carry Amount Close of Period, Land	35,793
Gross Carry Amount Close of Period, Building & Improvements	27,318
Gross Carry Amount Close of Period, Total	63,111
Accumulated Depreciation	1,655
Operating Properties | Pine Ridge Crossing
Real Estate Properties [Line Items]
Encumbrances	16,646
Initial Cost, Land	5,640
Initial Cost, Building & Improvements	17,088
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,044
Gross Carry Amount Close of Period, Land	5,640
Gross Carry Amount Close of Period, Building & Improvements	18,132
Gross Carry Amount Close of Period, Total	23,772
Accumulated Depreciation	4,876
Operating Properties | Plaza at Cedar Hill
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,782
Initial Cost, Building & Improvements	37,855
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	10,011
Gross Carry Amount Close of Period, Land	5,782
Gross Carry Amount Close of Period, Building & Improvements	47,866
Gross Carry Amount Close of Period, Total	53,648
Accumulated Depreciation	16,850
Operating Properties | Plaza Volente
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,600
Initial Cost, Building & Improvements	29,074
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	746
Gross Carry Amount Close of Period, Land	4,600
Gross Carry Amount Close of Period, Building & Improvements	29,820
Gross Carry Amount Close of Period, Total	34,420
Accumulated Depreciation	9,650
Operating Properties | Pleasant Hill Commons
Real Estate Properties [Line Items]
Encumbrances	6,752
Initial Cost, Land	3,350
Initial Cost, Building & Improvements	10,128
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	133
Gross Carry Amount Close of Period, Land	3,350
Gross Carry Amount Close of Period, Building & Improvements	10,261
Gross Carry Amount Close of Period, Total	13,611
Accumulated Depreciation	799
Operating Properties | Portofino Shopping Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,754
Initial Cost, Building & Improvements	75,761
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,478
Gross Carry Amount Close of Period, Land	4,754
Gross Carry Amount Close of Period, Building & Improvements	77,239
Gross Carry Amount Close of Period, Total	81,993
Accumulated Depreciation	8,986
Operating Properties | Publix at Acworth
Real Estate Properties [Line Items]
Encumbrances	5,872
Initial Cost, Land	1,357
Initial Cost, Building & Improvements	8,229
Costs Capitalized Subsequent to Acquisition, Land	39
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,078
Gross Carry Amount Close of Period, Land	1,396
Gross Carry Amount Close of Period, Building & Improvements	9,307
Gross Carry Amount Close of Period, Total	10,703
Accumulated Depreciation	3,104
Operating Properties | Publix at St. Cloud
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,735
Initial Cost, Building & Improvements	11,820
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	35
Gross Carry Amount Close of Period, Land	2,735
Gross Carry Amount Close of Period, Building & Improvements	11,855
Gross Carry Amount Close of Period, Total	14,590
Accumulated Depreciation	1,131
Operating Properties | Publix at Woodruff
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,783
Initial Cost, Building & Improvements	7,344
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	155
Gross Carry Amount Close of Period, Land	1,783
Gross Carry Amount Close of Period, Building & Improvements	7,499
Gross Carry Amount Close of Period, Total	9,282
Accumulated Depreciation	2,322
Operating Properties | Rampart Commons
Real Estate Properties [Line Items]
Encumbrances	11,855
Initial Cost, Land	1,136
Initial Cost, Building & Improvements	29,097
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	831
Gross Carry Amount Close of Period, Land	1,136
Gross Carry Amount Close of Period, Building & Improvements	29,928
Gross Carry Amount Close of Period, Total	31,064
Accumulated Depreciation	1,810
Operating Properties | Rangeline Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,043
Initial Cost, Building & Improvements	18,490
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	58
Gross Carry Amount Close of Period, Land	2,043
Gross Carry Amount Close of Period, Building & Improvements	18,548
Gross Carry Amount Close of Period, Total	20,591
Accumulated Depreciation	4,467
Operating Properties | Riverchase Plaza
Real Estate Properties [Line Items]
Encumbrances	9,987
Initial Cost, Land	3,889
Initial Cost, Building & Improvements	11,422
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,197
Gross Carry Amount Close of Period, Land	3,889
Gross Carry Amount Close of Period, Building & Improvements	12,619
Gross Carry Amount Close of Period, Total	16,508
Accumulated Depreciation	3,522
Operating Properties | Rivers Edge
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,647
Initial Cost, Building & Improvements	31,439
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	122
Gross Carry Amount Close of Period, Land	5,647
Gross Carry Amount Close of Period, Building & Improvements	31,561
Gross Carry Amount Close of Period, Total	37,208
Accumulated Depreciation	5,446
Operating Properties | Saxon Crossing
Real Estate Properties [Line Items]
Encumbrances	11,400
Initial Cost, Land	3,764
Initial Cost, Building & Improvements	16,822
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	4
Gross Carry Amount Close of Period, Land	3,764
Gross Carry Amount Close of Period, Building & Improvements	16,826
Gross Carry Amount Close of Period, Total	20,590
Accumulated Depreciation	1,206
Operating Properties | Shoppes at Plaza Green
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,749
Initial Cost, Building & Improvements	24,652
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	1,192
Gross Carry Amount Close of Period, Land	3,749
Gross Carry Amount Close of Period, Building & Improvements	25,844
Gross Carry Amount Close of Period, Total	29,593
Accumulated Depreciation	4,332
Operating Properties | Shoppes Of Eastwood
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	1,688
Initial Cost, Building & Improvements	10,581
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	391
Gross Carry Amount Close of Period, Land	1,688
Gross Carry Amount Close of Period, Building & Improvements	10,972
Gross Carry Amount Close of Period, Total	12,660
Accumulated Depreciation	2,346
Operating Properties | Shops at Eagle Creek
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,378
Initial Cost, Building & Improvements	8,016
Costs Capitalized Subsequent to Acquisition, Land	199
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	4,692
Gross Carry Amount Close of Period, Land	5,577
Gross Carry Amount Close of Period, Building & Improvements	12,708
Gross Carry Amount Close of Period, Total	18,285
Accumulated Depreciation	3,525
Operating Properties | Shops at Julington Creek
Real Estate Properties [Line Items]
Encumbrances	4,785
Initial Cost, Land	2,372
Initial Cost, Building & Improvements	8,011
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	46
Gross Carry Amount Close of Period, Land	2,372
Gross Carry Amount Close of Period, Building & Improvements	8,057
Gross Carry Amount Close of Period, Total	10,429
Accumulated Depreciation	640
Operating Properties | Shops at Moore
Real Estate Properties [Line Items]
Encumbrances	21,300
Initial Cost, Land	8,030
Initial Cost, Building & Improvements	33,535
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	73
Gross Carry Amount Close of Period, Land	8,030
Gross Carry Amount Close of Period, Building & Improvements	33,608
Gross Carry Amount Close of Period, Total	41,638
Accumulated Depreciation	3,138
Operating Properties | Silver Springs Pointe
Real Estate Properties [Line Items]
Encumbrances	8,800
Initial Cost, Land	9,685
Initial Cost, Building & Improvements	7,720
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	189
Gross Carry Amount Close of Period, Land	9,685
Gross Carry Amount Close of Period, Building & Improvements	7,909
Gross Carry Amount Close of Period, Total	17,594
Accumulated Depreciation	1,065
Operating Properties | South Elgin Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,916
Initial Cost, Building & Improvements	22,140
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	25
Gross Carry Amount Close of Period, Land	3,916
Gross Carry Amount Close of Period, Building & Improvements	22,165
Gross Carry Amount Close of Period, Total	26,081
Accumulated Depreciation	1,554
Operating Properties | Stoney Creek Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	628
Initial Cost, Building & Improvements	4,599
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	5,830
Gross Carry Amount Close of Period, Land	628
Gross Carry Amount Close of Period, Building & Improvements	10,429
Gross Carry Amount Close of Period, Total	11,057
Accumulated Depreciation	2,239
Operating Properties | Sunland Towne Centre
Real Estate Properties [Line Items]
Encumbrances	23,610
Initial Cost, Land	14,773
Initial Cost, Building & Improvements	22,587
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	4,958
Gross Carry Amount Close of Period, Land	14,773
Gross Carry Amount Close of Period, Building & Improvements	27,545
Gross Carry Amount Close of Period, Total	42,318
Accumulated Depreciation	8,836
Operating Properties | Tarpon Springs Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,273
Initial Cost, Building & Improvements	24,483
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	167
Gross Carry Amount Close of Period, Land	4,273
Gross Carry Amount Close of Period, Building & Improvements	24,650
Gross Carry Amount Close of Period, Total	28,923
Accumulated Depreciation	6,356
Operating Properties | Temple Terrace
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,245
Initial Cost, Building & Improvements	9,321
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	50
Gross Carry Amount Close of Period, Land	2,245
Gross Carry Amount Close of Period, Building & Improvements	9,371
Gross Carry Amount Close of Period, Total	11,616
Accumulated Depreciation	556
Operating Properties | The Centre at Panola
Real Estate Properties [Line Items]
Encumbrances	2,271
Initial Cost, Land	1,986
Initial Cost, Building & Improvements	8,191
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	330
Gross Carry Amount Close of Period, Land	1,986
Gross Carry Amount Close of Period, Building & Improvements	8,521
Gross Carry Amount Close of Period, Total	10,507
Accumulated Depreciation	3,118
Operating Properties | The Corner
Real Estate Properties [Line Items]
Encumbrances	14,750
Initial Cost, Land	3,772
Initial Cost, Building & Improvements	24,642
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	62
Gross Carry Amount Close of Period, Land	3,772
Gross Carry Amount Close of Period, Building & Improvements	24,704
Gross Carry Amount Close of Period, Total	28,476
Accumulated Depreciation	1,452
Operating Properties | The Landing at Tradition
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	18,505
Initial Cost, Building & Improvements	46,399
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	395
Gross Carry Amount Close of Period, Land	18,505
Gross Carry Amount Close of Period, Building & Improvements	46,794
Gross Carry Amount Close of Period, Total	65,299
Accumulated Depreciation	4,097
Operating Properties | Toringdon Market
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,448
Initial Cost, Building & Improvements	9,694
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	16
Gross Carry Amount Close of Period, Land	5,448
Gross Carry Amount Close of Period, Building & Improvements	9,710
Gross Carry Amount Close of Period, Total	15,158
Accumulated Depreciation	1,272
Operating Properties | Traders Point
Real Estate Properties [Line Items]
Encumbrances	42,724
Initial Cost, Land	9,443
Initial Cost, Building & Improvements	37,203
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	591
Gross Carry Amount Close of Period, Land	9,443
Gross Carry Amount Close of Period, Building & Improvements	37,794
Gross Carry Amount Close of Period, Total	47,237
Accumulated Depreciation	12,729
Operating Properties | Traders Point II
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,376
Initial Cost, Building & Improvements	6,876
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	904
Gross Carry Amount Close of Period, Land	2,376
Gross Carry Amount Close of Period, Building & Improvements	7,780
Gross Carry Amount Close of Period, Total	10,156
Accumulated Depreciation	2,356
Operating Properties | Tradition Village Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,140
Initial Cost, Building & Improvements	14,905
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	58
Gross Carry Amount Close of Period, Land	3,140
Gross Carry Amount Close of Period, Building & Improvements	14,963
Gross Carry Amount Close of Period, Total	18,103
Accumulated Depreciation	1,185
Operating Properties | Trussville Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	9,123
Initial Cost, Building & Improvements	45,433
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	481
Gross Carry Amount Close of Period, Land	9,123
Gross Carry Amount Close of Period, Building & Improvements	45,914
Gross Carry Amount Close of Period, Total	55,037
Accumulated Depreciation	5,769
Operating Properties | University Town Center
Real Estate Properties [Line Items]
Encumbrances	18,690
Initial Cost, Land	4,125
Initial Cost, Building & Improvements	31,759
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	112
Gross Carry Amount Close of Period, Land	4,125
Gross Carry Amount Close of Period, Building & Improvements	31,871
Gross Carry Amount Close of Period, Total	35,996
Accumulated Depreciation	2,202
Operating Properties | University Town Center - Phase II
Real Estate Properties [Line Items]
Encumbrances	20,700
Initial Cost, Land	7,902
Initial Cost, Building & Improvements	24,262
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	4
Gross Carry Amount Close of Period, Land	7,902
Gross Carry Amount Close of Period, Building & Improvements	24,266
Gross Carry Amount Close of Period, Total	32,168
Accumulated Depreciation	1,999
Operating Properties | Village at Bay Park
Real Estate Properties [Line Items]
Encumbrances	9,183
Initial Cost, Land	8,248
Initial Cost, Building & Improvements	11,050
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	7
Gross Carry Amount Close of Period, Land	8,248
Gross Carry Amount Close of Period, Building & Improvements	11,057
Gross Carry Amount Close of Period, Total	19,305
Accumulated Depreciation	1,300
Operating Properties | Village Walk
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,554
Initial Cost, Building & Improvements	12,432
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	30
Gross Carry Amount Close of Period, Land	2,554
Gross Carry Amount Close of Period, Building & Improvements	12,462
Gross Carry Amount Close of Period, Total	15,016
Accumulated Depreciation	731
Operating Properties | Waterford Lakes Village
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,317
Initial Cost, Building & Improvements	7,420
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	278
Gross Carry Amount Close of Period, Land	2,317
Gross Carry Amount Close of Period, Building & Improvements	7,698
Gross Carry Amount Close of Period, Total	10,015
Accumulated Depreciation	3,071
Operating Properties | Waxahachie Crossing
Real Estate Properties [Line Items]
Encumbrances	7,750
Initial Cost, Land	1,411
Initial Cost, Building & Improvements	16,323
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	37
Gross Carry Amount Close of Period, Land	1,411
Gross Carry Amount Close of Period, Building & Improvements	16,360
Gross Carry Amount Close of Period, Total	17,771
Accumulated Depreciation	1,153
Operating Properties | Westside Market
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,194
Initial Cost, Building & Improvements	17,723
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	48
Gross Carry Amount Close of Period, Land	4,194
Gross Carry Amount Close of Period, Building & Improvements	17,771
Gross Carry Amount Close of Period, Total	21,965
Accumulated Depreciation	819
Operating Properties | Wheatland Town Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	6,622
Initial Cost, Building & Improvements	31,122
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	6,622
Gross Carry Amount Close of Period, Building & Improvements	31,122
Gross Carry Amount Close of Period, Total	37,744
Accumulated Depreciation	1,924
Operating Properties | Whitehall Pike
Real Estate Properties [Line Items]
Encumbrances	5,732
Initial Cost, Land	3,695
Initial Cost, Building & Improvements	6,112
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	236
Gross Carry Amount Close of Period, Land	3,695
Gross Carry Amount Close of Period, Building & Improvements	6,348
Gross Carry Amount Close of Period, Total	10,043
Accumulated Depreciation	4,127
Office Properties
Real Estate Properties [Line Items]
Encumbrances	18,100
Initial Cost, Land	2,547
Initial Cost, Building & Improvements	12,365
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	19,501
Gross Carry Amount Close of Period, Land	2,547
Gross Carry Amount Close of Period, Building & Improvements	31,866
Gross Carry Amount Close of Period, Total	34,413
Accumulated Depreciation	13,064
Office Properties | Thirty South
Real Estate Properties [Line Items]
Encumbrances	18,100
Initial Cost, Land	1,643
Initial Cost, Building & Improvements	9,715
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	18,617
Gross Carry Amount Close of Period, Land	1,643
Gross Carry Amount Close of Period, Building & Improvements	28,332
Gross Carry Amount Close of Period, Total	29,975
Accumulated Depreciation	11,647
Office Properties | Union Station Parking Garage
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	904
Initial Cost, Building & Improvements	2,650
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	884
Gross Carry Amount Close of Period, Land	904
Gross Carry Amount Close of Period, Building & Improvements	3,534
Gross Carry Amount Close of Period, Total	4,438
Accumulated Depreciation	1,417
Development And Redevelopment Properties
Real Estate Properties [Line Items]
Encumbrances	75,100
Initial Cost, Land	88,194
Initial Cost, Building & Improvements	360,379
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	88,194
Gross Carry Amount Close of Period, Building & Improvements	360,379
Gross Carry Amount Close of Period, Total	448,573
Accumulated Depreciation	33,156
Development And Redevelopment Properties | Hamilton Crossing - Phase II & III
Real Estate Properties [Line Items]
Encumbrances	10,794
Initial Cost, Land	5,549
Initial Cost, Building & Improvements	10,257
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	5,549
Gross Carry Amount Close of Period, Building & Improvements	10,257
Gross Carry Amount Close of Period, Total	15,806
Accumulated Depreciation	3,424
Development And Redevelopment Properties | Beechwood Promenade
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,734
Initial Cost, Building & Improvements	45,763
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	2,734
Gross Carry Amount Close of Period, Building & Improvements	45,763
Gross Carry Amount Close of Period, Total	48,497
Accumulated Depreciation	4,939
Development And Redevelopment Properties | City Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	20,565
Initial Cost, Building & Improvements	162,307
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	20,565
Gross Carry Amount Close of Period, Building & Improvements	162,307
Gross Carry Amount Close of Period, Total	182,872
Accumulated Depreciation	9,778
Development And Redevelopment Properties | Courthouse Shadows
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	4,999
Initial Cost, Building & Improvements	16,275
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	4,999
Gross Carry Amount Close of Period, Building & Improvements	16,275
Gross Carry Amount Close of Period, Total	21,274
Accumulated Depreciation	4,064
Development And Redevelopment Properties | Fishers Station
Real Estate Properties [Line Items]
Encumbrances	7,168
Initial Cost, Land	3,736
Initial Cost, Building & Improvements	12,373
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	3,736
Gross Carry Amount Close of Period, Building & Improvements	12,373
Gross Carry Amount Close of Period, Total	16,109
Accumulated Depreciation	6,018
Development And Redevelopment Properties | Holly Springs Towne Center - Phase II
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	12,444
Initial Cost, Building & Improvements	31,022
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	12,444
Gross Carry Amount Close of Period, Building & Improvements	31,022
Gross Carry Amount Close of Period, Total	43,466
Accumulated Depreciation	0
Development And Redevelopment Properties | Parkside Town Commons - Phase II
Real Estate Properties [Line Items]
Encumbrances	57,138
Initial Cost, Land	18,992
Initial Cost, Building & Improvements	59,325
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	18,992
Gross Carry Amount Close of Period, Building & Improvements	59,325
Gross Carry Amount Close of Period, Total	78,317
Accumulated Depreciation	1,566
Development And Redevelopment Properties | Tamiami Crossing
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	18,871
Initial Cost, Building & Improvements	17,591
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	18,871
Gross Carry Amount Close of Period, Building & Improvements	17,591
Gross Carry Amount Close of Period, Total	36,462
Accumulated Depreciation	0
Development And Redevelopment Properties | The Corner II
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	304
Initial Cost, Building & Improvements	5,466
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	304
Gross Carry Amount Close of Period, Building & Improvements	5,466
Gross Carry Amount Close of Period, Total	5,770
Accumulated Depreciation	3,367
Other Property
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	48,233
Initial Cost, Building & Improvements	22,063
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	48,233
Gross Carry Amount Close of Period, Building & Improvements	22,063
Gross Carry Amount Close of Period, Total	70,296
Accumulated Depreciation	0
Other Property | Beacon Hill Shopping Center
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,447
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	2,447
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	2,447
Accumulated Depreciation	0
Other Property | Bridgewater Marketplace
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	2,105
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	2,105
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	2,105
Accumulated Depreciation	0
Other Property | Eddy Street Commons
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,425
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	3,425
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	3,425
Accumulated Depreciation	0
Other Property | Deerwood Lake
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Building & Improvements	21,235
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	0
Gross Carry Amount Close of Period, Building & Improvements	21,235
Gross Carry Amount Close of Period, Total	21,235
Accumulated Depreciation	0
Other Property | Fox Lake Crossing II
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	3,459
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	3,459
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	3,459
Accumulated Depreciation	0
Other Property | KRG Development
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Building & Improvements	781
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	0
Gross Carry Amount Close of Period, Building & Improvements	781
Gross Carry Amount Close of Period, Total	781
Accumulated Depreciation	0
Other Property | KRG New Hill
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	5,641
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	5,641
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	5,641
Accumulated Depreciation	0
Other Property | KR Peakway
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	6,033
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	6,033
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	6,033
Accumulated Depreciation	0
Other Property | KRG Peakway
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	16,311
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	16,311
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	16,311
Accumulated Depreciation	0
Other Property | Pan Am Plaza
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	8,812
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	8,812
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	8,812
Accumulated Depreciation	0
Other Property | Parkside Town Commons - Phase III
Real Estate Properties [Line Items]
Encumbrances	0
Initial Cost, Land	0
Initial Cost, Building & Improvements	47
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	0
Gross Carry Amount Close of Period, Building & Improvements	47
Gross Carry Amount Close of Period, Total	47
Accumulated Depreciation	0
Line of Credit/Term Loan
Real Estate Properties [Line Items]
Encumbrances	770,000
Initial Cost, Land	0
Initial Cost, Building & Improvements	0
Costs Capitalized Subsequent to Acquisition, Land	0
Costs Capitalized Subsequent to Acquisition, Buildings and Improvements	0
Gross Carry Amount Close of Period, Land	0
Gross Carry Amount Close of Period, Building & Improvements	0
Gross Carry Amount Close of Period, Total	0
Accumulated Depreciation	$ 0

Schedule III - Consolidated R82

Schedule III - Consolidated Real Estate and Accumulated Depreciation - Changes in Investment Properties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance, start of year	$ 3,897,131	$ 1,872,088	$ 1,390,213
Merger and Acquisitions	176,068	2,128,278	419,080
Improvements	92,717	103,688	111,968
Impairment	(2,293)	0	0
Disposals	(237,443)	(206,923)	(49,173)
Balance, end of year	3,926,180	$ 3,897,131	$ 1,872,088
Federal Income Tax Basis	$ 3,100,000

Schedule III - Consolidated R83

Schedule III - Consolidated Real Estate and Accumulated Depreciation - Reconciliation of Accumulated Depreciation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance, beginning of year	$ 313,524	$ 229,286	$ 190,972
Depreciation expense	141,516	103,155	49,392
Impairment	(833)	0	0
Disposals	(25,277)	(18,917)	(11,078)
Balance, end of year	$ 428,930	$ 313,524	$ 229,286
Building | Minimum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	20 years
Building | Maximum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	35 years
Building Improvements | Minimum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	10 years
Building Improvements | Maximum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	35 years
Furniture and Fixtures | Minimum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	5 years
Furniture and Fixtures | Maximum
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Life used for depreciation (in years)	10 years