Kimco Realty (KIM) 10-Q 3 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 21, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Kimco Realty Corporation
Entity Central Index Key	879,101
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		413,135,419

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets:
Operating real estate, net of accumulated depreciation of $2,054,698 and $1,955,406, respectively	$ 9,290,447	$ 7,930,489
Investments and advances in real estate joint ventures	880,300	1,037,218
Real estate under development	136,235	132,331
Other real estate investments	240,725	266,157
Mortgages and other financing receivables	22,990	74,013
Cash and cash equivalents	145,832	187,322
Marketable securities	24,251	90,235
Accounts and notes receivable	177,768	172,386
Other assets	548,756	371,249
Total assets	11,467,304	10,261,400
Liabilities:
Notes payable	3,768,945	3,171,742
Mortgages payable	1,768,827	1,424,228
Dividends payable	111,455	111,143
Other liabilities	591,097	561,042
Total liabilities	6,240,324	5,268,155
Redeemable noncontrolling interests	91,466	91,480
Stockholders' equity:
Preferred stock, $1.00 par value, authorized 5,959,100 shares 102,000 shares issued and outstanding (in series) Aggregate liquidation preference $975,000	102	102
Common stock, $.01 par value, authorized 750,000,000 shares issued and outstanding 413,119,292 and 411,819,818 shares, respectively	4,131	4,118
Paid-in capital	5,767,830	5,732,021
Cumulative distributions in excess of net income	(796,571)	(1,006,578)
Accumulated other comprehensive income	(1,906)	45,122
Total stockholders' equity	4,973,586	4,774,785
Noncontrolling interests	161,928	126,980
Total equity	5,135,514	4,901,765
Total liabilities and equity	$ 11,467,304	$ 10,261,400

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Operating real estate, net of accumulated depreciation	$ 2,054,698	$ 1,955,406
Preferred stock par value	$ 1	$ 1
Preferred stock, shares authorized	5,959,100	5,959,100
Preferred stock, shares issued	102,000	102,000
Preferred stock, shares outstanding	102,000	102,000
Aggregate liquidation preference	$ 975,000	$ 975,000
Common stock par value	$ 0.01	$ 0.01
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares, issued	413,119,292	411,819,818
Common stock, shares, outstanding	413,119,292	411,819,818

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenues
Revenues from rental properties	$ 289,080	$ 237,432	$ 564,586	$ 456,584
Management and other fee income	4,981	8,526	12,931	17,567
Total revenues	294,061	245,958	577,517	474,151
Operating expenses
Rent	3,012	3,498	6,566	6,802
Real estate taxes	36,700	30,722	72,772	60,072
Operating and maintenance	36,109	28,981	70,011	55,057
General and administrative expenses	29,307	28,773	62,012	65,893
Provision for doubtful accounts	1,107	1,741	3,404	3,193
Impairment charges	15,459	25,636	21,850	25,797
Depreciation and amortization	80,155	62,117	154,724	118,177
Total operating expenses	201,849	181,468	391,339	334,991
Operating income	92,212	64,490	186,178	139,160
Other income/(expense)
Mortgage financing income	916	428	2,052	2,127
Interest, dividends and other investment income	32,102	326	32,319	379
Other income/(expense), net	470	(483)	(515)	(2,912)
Interest expense	(56,130)	(52,469)	(108,708)	(102,711)
Income from continuing operations before income taxes, equity in income of joint ventures, gain on change in control of interests and equity in income from other real estate investments	69,570	12,292	111,326	36,043
Benefit/(provision) for income taxes, net	3,628	(940)	(9,089)	(9,441)
Equity in income of joint ventures, net	$ 22,364	45,025	119,914	98,286
Gain on change in control of interests, net		65,598	139,801	69,343
Equity in income of other real estate investments, net	$ 5,548	7,014	19,917	10,367
Income from continuing operations	$ 101,110	128,989	381,869	204,598
Discontinued operations
Income/(loss) from discontinued operating properties, net of tax		8,016	(15)	24,437
Impairment/loss on operating properties, net of tax		(65,651)	$ (60)	(71,159)
Gain on disposition of operating properties, net of tax		20,207		29,545
Loss from discontinued operations		(37,428)	$ (75)	(17,177)
Gain on sale of operating properties, net of tax	$ 26,499	389	58,554	389
Net income	127,609	91,950	440,348	187,810
Net income attributable to noncontrolling interests	(609)	(2,438)	(3,006)	(11,298)
Net income attributable to the Company	127,000	89,512	437,342	176,512
Preferred dividends	(14,573)	(14,573)	(29,146)	(29,147)
Net income available to the Company's common shareholders	$ 112,427	$ 74,939	$ 408,196	$ 147,365
Income from continuing operations:
- Basic	$ 0.27	$ 0.28	$ 0.99	$ 0.42
-Diluted	0.27	0.27	0.98	0.42
Net income attributable to the Company:
-Basic	0.27	0.18	0.99	0.36
-Diluted	$ 0.27	$ 0.18	$ 0.98	$ 0.36
Weighted average shares:
- Basic	411,317	408,902	411,057	408,636
-Diluted	413,086	413,344	413,148	410,409
Amounts attributable to the Company's common shareholders:
Income from continuing operations	$ 112,427	$ 113,182	$ 408,271	$ 171,971
Loss from discontinued operations		(38,243)	(75)	(24,606)
Net income	$ 112,427	$ 74,939	$ 408,196	$ 147,365

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 127,609	$ 91,950	$ 440,348	$ 187,810
Other comprehensive income:
Change in unrealized gain on marketable securities, net	(54,265)	$ 11,789	(38,547)	$ 8,111
Change in unrealized gain on interest rate swaps	406		55
Change in foreign currency translation adjustment, net	997	$ 5,493	(8,536)	$ (2,896)
Other comprehensive (loss)/income	(52,862)	17,282	(47,028)	5,215
Comprehensive income	74,747	109,232	393,320	193,025
Comprehensive income attributable to noncontrolling interests	(609)	(2,441)	(3,006)	(11,123)
Comprehensive income attributable to the Company	$ 74,138	$ 106,791	$ 390,314	$ 181,902

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Distributions in Excess of Net Income	Accumulated Other Comprehensive Income	Preferred Stock	Common Stock	Paid-in Capital	Total Stockholders' Equity	Noncontrolling Interest
Balance at Dec. 31, 2013	$ 4,769,526	$ (996,058)	$ (64,982)	$ 102	$ 4,097	$ 5,689,258	$ 4,632,417	$ 137,109
Balance (in Shares) at Dec. 31, 2013				102	409,731
Contributions from noncontrolling interests	2,313							2,313
Comprehensive income:
Net income	187,810	$ 176,512					176,512	11,298
Other comprehensive income, net of tax:
Change in unrealized gain on marketable securities	$ 8,111		8,111				8,111
Change in unrealized loss on interest rate swaps
Change in foreign currency translation adjustment	$ (2,896)		$ (2,721)				(2,721)	(175)
Redeemable noncontrolling interests	(3,224)							(3,224)
Dividends	(213,989)	$ (213,989)					(213,989)
Distributions to noncontrolling interests	(24,464)							(24,464)
Issuance of common stock	11,451				$ 7	11,444	11,451
Issuance of common stock, shares					697
Surrender of restricted stock	(3,729)				$ (2)	(3,727)	(3,729)
Surrender of restricted stock,shares					(175)
Exercise of common stock options	12,336				$ 8	12,328	12,336
Exercise of common stock options ,shares					766
Sale of interests in investments, net of tax of $16 million
Acquisition of noncontrolling interests	(819)					(53)	(53)	(766)
Amortization of equity awards	6,293					6,293	6,293
Balance at Jun. 30, 2014	4,748,719	$ (1,033,535)	$ (59,592)	$ 102	$ 4,110	5,715,543	4,626,628	122,091
Balance (in Shares) at Jun. 30, 2014				102	411,019
Balance at Dec. 31, 2014	4,901,765	$ (1,006,578)	45,122	$ 102	$ 4,118	5,732,021	4,774,785	126,980
Balance (in Shares) at Dec. 31, 2014				102	411,820
Contributions from noncontrolling interests	66,163							66,163
Comprehensive income:
Net income	440,348	$ 437,342					437,342	3,006
Other comprehensive income, net of tax:
Change in unrealized gain on marketable securities	(38,547)		(38,547)				(38,547)
Change in unrealized loss on interest rate swaps	55		55				55
Change in foreign currency translation adjustment	(8,536)		$ (8,536)				(8,536)
Redeemable noncontrolling interests	(3,045)							(3,045)
Dividends	(227,335)	$ (227,335)					(227,335)
Distributions to noncontrolling interests	(6,093)							(6,093)
Issuance of common stock	488				$ 8	480	488
Issuance of common stock, shares					781
Surrender of restricted stock	(5,292)				$ (2)	(5,290)	(5,292)
Surrender of restricted stock,shares					(214)
Exercise of common stock options	13,472				$ 7	13,465	13,472
Exercise of common stock options ,shares					732
Sale of interests in investments, net of tax of $16 million	23,993					23,993	23,993
Acquisition of noncontrolling interests	(31,163)					(6,080)	(6,080)	(25,083)
Amortization of equity awards	9,241					9,241	9,241
Balance at Jun. 30, 2015	$ 5,135,514	$ (796,571)	$ (1,906)	$ 102	$ 4,131	$ 5,767,830	$ 4,973,586	$ 161,928
Balance (in Shares) at Jun. 30, 2015				102	413,119

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Changes in Equity (Parenthetical) (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Common stock per share	$ 0.48	$ 0.45
Sale of interests in investments, net of tax	$ 16
Class H Depositary Share
Common stock per share	$ 0.8625	0.8625
Class I Depositary Share
Common stock per share	0.7500	0.7500
Class J Depositary Share
Common stock per share	0.6875	0.6875
Class K Depositary Share
Common stock per share	$ 0.7032	$ 0.7032

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flow from operating activities:
Net income	$ 440,348	$ 187,810
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	154,724	129,296
Impairment charges	21,931	99,952
Equity award expense	12,154	11,216
Gain on sale of operating properties	(58,731)	$ (30,907)
Gain on sale of marketable securities	(32,435)
Gains on change in control of interests	(139,801)	$ (98,286)
Equity in income of joint ventures, net	(119,914)	(69,342)
Equity in income from other real estate investments, net	(19,917)	(10,367)
Distributions from joint ventures and other real estate investments	119,526	125,694
Change in accounts and notes receivable	(5,383)	2,178
Change in accounts payable and accrued expenses	(381)	(1,294)
Change in other operating assets and liabilities	(32,676)	(19,853)
Net cash flow provided by operating activities	339,445	326,097
Cash flow from investing activities:
Acquisition of operating real estate and other related net assets	(586,321)	(362,160)
Improvements to operating real estate	(72,642)	(52,875)
Improvements to real estate under development	(4,362)	(107)
Investment in marketable securities	(257)	(4,556)
Proceeds from sale of marketable securities	59,318	219
Investments and advances to real estate joint ventures	(57,148)	(46,644)
Reimbursements of investments and advances to real estate joint ventures	62,269	113,757
Investment in other real estate investments	(458)	(1,372)
Reimbursements of investments and advances to other real estate investments	22,887	12,907
Collection of mortgage loans receivable	50,729	$ 7,115
Investment in other investments	(190,278)
Proceeds from sale of operating properties	183,332	$ 161,737
Net cash flow used for investing activities	(532,931)	(171,979)
Cash flow from financing activities:
Principal payments on debt, excluding normal amortization of rental property debt	(308,728)	(233,800)
Principal payments on rental property debt	(14,628)	(11,060)
Proceeds under unsecured revolving credit facility, net	125,000	143,060
Proceeds from issuance of unsecured term loan/notes	1,000,000	500,000
Repayments under unsecured term loan/notes	(500,000)	(294,570)
Financing origination costs	(8,903)	(11,911)
Contributions from noncontrolling interests	106,154
Redemption/distribution of noncontrolling interests	(33,348)	(1,059)
Dividends paid	(227,023)	(213,699)
Proceeds from issuance of stock	13,472	12,336
Net cash flow provided by/(used for) financing activities	151,996	(110,703)
Change in cash and cash equivalents	(41,490)	43,415
Cash and cash equivalents, beginning of period	187,322	148,768
Cash and cash equivalents, end of period	145,832	192,183
Interest paid during the period (net of capitalized interest of $2,424 and $737, respectively)	112,582	102,478
Income taxes paid during the period	$ 10,829	$ 10,465

Condensed Consolidated Stateme9

Condensed Consolidated Statements of Cash Flows (Parenthetical) (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Cash Flows [Abstract]
Capitalized interest	$ 2,424	$ 737

Interim Financial Statements

Interim Financial Statements	6 Months Ended
	Jun. 30, 2015
Interim Financial Statements [Abstract]
Interim Financial Statements	1. Interim Financial Statements Principles of Consolidation - The accompanying Condensed Consolidated Financial Statements include the accounts of Kimco Realty Corporation and Subsidiaries, (the “Company”). The Company’s Subsidiaries includes subsidiaries which are wholly-owned, and all entities in which the Company has a controlling financial interest, including where the Company has been determined to be a primary beneficiary of a variable interest entity (“VIE”) or meets certain criteria of a sole general partner or managing member in accordance with the Consolidation guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). All inter-company balances and transactions have been eliminated in consolidation. The information presented in the accompanying Condensed Consolidated Financial Statements is unaudited and reflects all adjustments which are, in the opinion of management, necessary to reflect a fair statement of the results for the interim periods presented, and all such adjustments are of a normal recurring nature. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's 2014 Annual Report on Form 10-K for the year ended December 31, 2014 (“10-K”), as certain disclosures in this Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2015, that would duplicate those included in the 10-K are not included in these Condensed Consolidated Financial Statements. Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in the financial statements. Income Taxes - The Company elected status as a Real Estate Investment Trust (a “REIT”) for federal income tax purposes beginning in its taxable year ended December 31, 1991 and operates in a manner that enables the Company to maintain its status as a REIT. As a REIT, the Company must distribute at least 90 percent of its taxable income and will not pay federal income taxes on the amount distributed to its shareholders. Therefore, the Company is not subject to federal income taxes if it distributes 100 percent of its taxable income. Most states, where the Company holds investments in real estate, conform to the federal rules recognizing REITs. Certain subsidiaries have made a joint election with the Company to be treated as taxable REIT subsidiaries (“TRS”), which permit the Company to engage in certain business activities in which the REIT may not conduct directly. A TRS is subject to federal and state income taxes on the income from these activities and the Company includes a provision for taxes in its condensed consolidated financial statements. The Company is subject to and also includes in its tax provision non-U.S. income taxes on certain investments located in jurisdictions outside the U.S. These investments are held by the Company at the REIT level and not in the Company’s taxable REIT subsidiary. Accordingly, the Company does not expect a U.S. income tax impact associated with the repatriation of undistributed earnings from the Company’s foreign subsidiaries. Earnings Per Share - The following table sets forth the reconciliation of earnings and the weighted average number of shares used in the calculation of basic and diluted earnings per share (amounts presented in thousands except per share data): Three Months Ended Six Months Ended 2015 2014 2015 2014 Computation of Basic Earnings Per Share: Income from continuing operations $ 101,110 $ 128,989 $ 381,869 $ 204,598 Gain on sale of operating properties, net of tax 26,499 389 58,554 389 Net income attributable to noncontrolling interests (609 ) (2,438 ) (3,006 ) (11,298 ) Discontinued operations attributable to noncontrolling interests - 815 - 7,429 Preferred stock dividends (14,573 ) (14,573 ) (29,146 ) (29,147 ) Income from continuing operations available to the common shareholders 112,427 113,182 408,271 171,971 Earnings attributable to participating securities (458 ) (501 ) (1,940 ) (819 ) Income from continuing operations attributable to common shareholders 111,969 112,681 406,331 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Net income attributable to the Company’s common shareholders for basic earnings per share $ 111,969 $ 74,438 $ 406,256 $ 146,546 Weighted average common shares outstanding 411,317 408,902 411,057 408,636 Basic Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.28 $ 0.99 $ 0.42 Loss from discontinued operations - (0.10 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.99 $ 0.36 Computation of Diluted Earnings Per Share: Income from continuing operations attributable to common shareholders $ 111,969 $ 112,681 $ 406,331 $ 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Distributions on convertible units 139 721 373 262 Net income attributable to the Company’s common shareholders for diluted earnings per share $ 112,108 $ 75,159 $ 406,629 $ 146,808 Weighted average common shares outstanding – basic 411,317 408,902 411,057 408,636 Effect of dilutive securities (a): 1,103 2,923 1,281 1,046 Assumed conversion of convertible units 666 1,519 810 727 Shares for diluted earnings per common share 413,086 413,344 413,148 410,409 Diluted Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.27 $ 0.98 $ 0.42 Loss from discontinued operations - (0.09 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.98 $ 0.36 (a) For the three and six months ended June 30, 2015 and 2014, the effect of certain convertible units would have an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversion has not been included in the determination of diluted earnings per share calculations. Additionally, there were 6,802,560 and 8,952,148 stock options that were not dilutive at June 30, 2015 and 2014, respectively. The Company's unvested restricted share awards and convertible units (the “Participating securities”) contain non-forfeitable rights to distributions or distribution equivalents. The impact of the Participating securities on earnings per share has been calculated using the two-class method whereby earnings are allocated to the Participating securities based on dividends declared and the Participating securities rights in undistributed earnings. New Accounting Pronouncements – In April 2015, the FASB issued Accounting Standards Update (“ASU”) 2015-03, Interest - Imputation of Interest (Topic 835): Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). The amendments in ASU 2015-03 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, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The amendments in ASU 2015-03 are effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The Company elected to early adopt ASU 2015-03 beginning in its fiscal year 2015 (see Footnote 9). The adoption of ASU 2015-03 did not have a material impact on the Company’s financial position or results of operations. In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”). ASU 2015-02 focuses to minimize situations under previously existing guidance in which a reporting entity was required to consolidate another legal entity in which that reporting entity did not have: (1) the ability through contractual rights to act primarily on its own behalf; (2) ownership of the majority of the legal entity's voting rights; or (3) the exposure to a majority of the legal entity's economic benefits. ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. ASU 2015-02 will be effective for periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company is currently in the process of evaluating the impact the adoption of ASU 2015-02 will have on the Company’s financial position or results of operations. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), which requires management to evaluate, at each annual and interim reporting period, whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued and provide related disclosures. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and interim periods thereafter, early adoption is permitted. The Company does not expect the adoption of ASU 2014-15 to have a material effect on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. ASU 2014-09 was effective for the first interim period within annual reporting periods beginning after December 15, 2016, and early adoption was not permitted. On July 9, 2015 the FASB decided to delay the effective date of ASU 2014-09 by one year making it effective for the first interim period within annual reporting periods beginning after December 15, 2017. Early adoption is permitted as of the original effective date. The Company is currently in the process of evaluating the impact the adoption of ASU 2014-09 will have on the Company’s financial position or results of operations. In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). The amendments in ASU 2014-08 change the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. The amendments in ASU 2014-08 are effective for fiscal years beginning after December 15, 2014. The Company adopted ASU 2014-08 beginning January 1, 2015 and appropriately applied the guidance prospectively to disposals of its operating properties. Prior to January 1, 2015, properties identified as held-for-sale and/or disposed of were presented in discontinued operations for all periods presented. The adoption and implementation of this ASU resulted in the operations of certain current period dispositions in the ordinary course of business to be classified within continuing operations on the Company’s Condensed Consolidated Statements of Income. The adoption did not have an impact on the Company’s financial position or cash flows. The disclosures required by this ASU have been incorporated in the notes included herein.

Operating Property Activities

Operating Property Activities	6 Months Ended
	Jun. 30, 2015
Operating Property Activities [Abstract]
Operating Property Activities	2. Operating Property Activities Acquisitions - During the six months ended June 30, 2015, the Company acquired the following properties, in separate transactions (in thousands): Purchase Price Property Name Location Month Acquired Cash* Debt Assumed Other Total GLA** Elmont Plaza Elmont, NY (1) Jan-15 $ 2,400 $ - $ 3,358 $ 5,758 13 Garden State Pavilion Parcel Cherry Hill, NJ Jan-15 16,300 - - 16,300 111 Kimstone Portfolio (39 properties) Various (2) Feb-15 513,513 637,976 236,011 1,387,500 5,631 Copperfield Village Houston, TX Feb-15 18,700 20,800 - 39,500 165 Snowden Square Parcel Columbia, MD Mar-15 4,868 - - 4,868 25 Dulles Town Crossing Parcel Sterling, VA Mar-15 4,830 - - 4,830 9 Flagler Park S.C. Miami, FL Mar-15 1,875 - - 1,875 5 West Farms Parcel New Britain, CT Apr-15 6,200 - - 6,200 24 Milleridge Inn Jericho, NY Apr-15 7,500 - - 7,500 - Woodgrove Festival Parcels Woodridge, IL Jun-15 5,611 - - 5,611 12 $ 581,797 $ 658,776 $ 239,369 $ 1,479,942 5,995 * The Company utilized $31.7 million associated with Internal Revenue Code §1031 sales proceeds. ** Gross leasable area ("GLA") (1) The Company acquired from its partner the remaining ownership interest in a property that was held in a joint venture in which the Company had a 50.0% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB’s Consolidation guidance and as a result, recognized a loss on change in control of interest of $0.2 million resulting from the fair value adjustment associated with the Company’s previously held equity interest, which is reflected in the purchase price above in Other. (2) The Company acquired from its partner the remaining ownership interest in 39 properties that were held in a joint venture in which the Company had a 33.3% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB’s Consolidation guidance and as a result, recognized a gain on change in control of interest of $140.0 million resulting from the fair value adjustment associated with the Company’s previously held equity interest, which is reflected in the purchase price above in Other. The purchase price for these acquisitions has been preliminarily allocated to real estate and related intangible assets acquired and liabilities assumed, as applicable, in accordance with our accounting policies for business combinations. The purchase price allocations and related accounting will be finalized upon completion of the Company’s valuation studies. The aggregate purchase price of the properties acquired during the six months ended June 30, 2015, has been preliminarily allocated as follows (in thousands): Land $ 406,252 Buildings 836,417 Above Market Rents 31,659 Below Market Rents (66,407 ) In-Place Leases 148,435 Building Improvements 120,925 Tenant Improvements 21,761 Mortgage Fair Value Adjustment (21,573 ) Other Assets 2,637 Other Liabilities (164 ) $ 1,479,942 During the six months ended June 30, 2015, the Company acquired three land parcels, in separate transactions, for an aggregate purchase price of $30.0 million. Additionally, during the six months ended June 30, 2015, the Company acquired the remaining interest in a previously consolidated joint venture for $30.5 million. The Company continues to consolidate this entity as there was no change in control from this transaction. The purchase of the remaining interest resulted in a decrease in noncontrolling interest of $25.0 million and a decrease of $5.4 million to the Company’s Paid-in capital. Dispositions – During the six months ended June 30, 2015, the Company disposed of 54 operating properties and four out parcels, in separate transactions, for an aggregate sales price of $191.1 million. These transactions resulted in an aggregate gain of $58.6 million, after income tax expense and aggregate impairment charges of $1.3 million. During the six months ended June 30, 2015, the Company classified as held-for-sale 15 operating properties. The aggregate book value of these properties was $34.6 million, net of accumulated depreciation of $1.0 million, which is included in Other assets on the Company’s Condensed Consolidated Balance Sheets. The book value of these properties did not exceed their estimated fair value, less costs to sell, and as such no impairment charges were recognized. The Company’s determination of the fair value of these properties was based upon executed contracts of sale with third parties. Additionally, the Company reclassified $16.3 million in mortgage debt related to one of the properties classified as held-for-sale to Other liabilities on the Company’s Condensed Consolidated Balance Sheets. Upon the adoption of ASU 2014-08 on January 1, 2015, operations of properties held for sale and operating properties sold during the current period that were not previously classified as held for sale and/or reported as discontinued operations are reported in income from continuing operations as they do not represent a strategic shift that has or will have a major effect on our operations and financial results. Prior to the adoption of ASU 2014-08, the Company reported the operations and financial results of properties held for sale and operating properties sold as Discontinued operations in the Company’s Condensed Consolidated Statements of Income. Impairment Charges - During the six months ended June 30, 2015, the Company recognized aggregate impairment charges of $21.9 million which are included in Impairment charges under Operating expenses on the Company’s Condensed Consolidated Statements of Income. These impairment charges consist of (i) $1.3 million related to the sale of certain operating properties, as discussed above, (ii) $15.8 million related to adjustments to property carrying values for which the Company has decided to market for sale as part of its active capital recycling program and as such has adjusted the anticipated hold periods for such properties, (iii) $4.0 million primarily related to pending sale of an investment in other real estate investments and (iv) $0.8 million related to marketable debt securities investment. The Company’s estimated fair value on the properties pending disposition were determined based upon estimated sales price and appraisals. (See Footnote 11 for fair value disclosure).

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2015
Discontinued Operations [Abstract]
Discontinued Operations	3. Discontinued Operations During 2014 and prior to the Company’s adoption of ASU 2014-08 on January 1, 2015, as further discussed in Note 2, operations of properties held-for-sale and assets sold during the period were classified as discontinued operations. The results of these discontinued operations are included as a separate component of income on the Condensed Consolidated Statements of Income under the caption “Discontinued operations”. This reporting has resulted in certain reclassifications of 2014 financial statement amounts. Since adoption of ASU 2014-08 individual property dispositions including dispositions during the current period will no longer qualify as a discontinued operation under the new guidance. The components of income and expense relating to discontinued operations for the three and six months ended June 30, 2015 and 2014 are shown below. These include the results of operations through the date of each respective sale for properties sold during 2014 and the operations for the applicable period for assets classified as held-for-sale as of December 31, 2014 (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Discontinued operations: Revenues from rental property $ - $ 20,478 $ 124 $ 51,028 Rental property expenses - (5,961 ) (49 ) (12,900 ) Depreciation and amortization - (5,513 ) - (11,119 ) Provision for doubtful accounts, net - (209 ) (57 ) (746 ) Interest expense, net - (388 ) - (781 ) Other expense, net - 52 (12 ) (133 ) Income from discontinued operating properties, before income taxes - 8,459 6 25,349 Impairment of property carrying value, net, before income taxes - (67,423 ) (82 ) (74,155 ) Gain on disposition of operating properties, net, before income taxes - 20,952 - 30,290 Benefit for income taxes, net - 584 1 1,339 Loss from discontinued operating properties - (37,428 ) (75 ) (17,177 ) Net income attributable to noncontrolling interests - (815 ) - (7,429 ) Loss from discontinued operations attributable to the Company $ - $ (38,423 ) $ (75 ) $ (24,606 )

Investments and Advances in Rea

Investments and Advances in Real Estate Joint Ventures	6 Months Ended
	Jun. 30, 2015
Investments and Advances in Real Estate Joint Ventures [Abstract]
Investments and Advances in Real Estate Joint Ventures	4. Investments and Advances in Real Estate Joint Ventures The Company and its subsidiaries have investments in and advances to various real estate joint ventures. These joint ventures are engaged primarily in the operation of shopping centers which are either owned or held under long-term operating leases. The Company and the joint venture partners have joint approval rights for major decisions, including those regarding property operations. As such, the Company holds noncontrolling interests in these joint ventures and accounts for them under the equity method of accounting. The table below presents joint venture investments for which the Company held an ownership interest at June 30, 2015 and December 31, 2014 (in millions, except number of properties): As of June 30, 2015 As of December 31, 2014 Venture Ownership Interest Number of Properties GLA Gross Real Estate The Company's Investment Ownership Interest Number of Properties GLA Gross Real Estate The Company's Investment Prudential Investment Program (“KimPru” and “KimPru II”) (1) (2) (3) 15.0 % 59 10.3 $ 2,687.9 $ 181.2 15.0 % 60 10.6 $ 2,728.9 $ 178.6 Kimco Income Opportunity Portfolio (“KIR”) (2) (4) 48.6 % 51 11.1 1,456.0 150.5 48.6 % 54 11.5 1,488.2 152.1 Kimstone (2) (5) - - - - - 33.3 % 39 5.6 1,098.7 98.1 BIG Shopping Centers (2) 50.1 % 6 1.0 151.6 - 50.1 % 6 1.0 151.6 - The Canada Pension Plan Investment Board 55.0 % 7 2.4 512.0 190.7 55.0 % 7 2.4 504.0 188.9 SEB Immobilien (2) 15.0 % 3 0.4 86.0 2.3 15.0 % 3 0.4 86.0 2.5 Other Institutional Programs (2) Various 50 1.4 328.0 8.4 Various 50 1.4 327.8 8.5 RioCan (6) 50.0 % 42 8.8 1,032.5 127.0 50.0 % 45 9.3 1,205.8 159.8 Latin America (8) Various 9 - 58.8 15.6 Various 13 0.1 91.2 24.4 Other Joint Venture Programs (7) (10) Various 55 9.3 1,304.0 204.6 Various 60 9.5 1,401.2 224.3 Total 282 44.7 $ 7,616.8 $ 880.3 337 51.8 $ 9,083.4 $ 1,037.2 The table below presents the Company’s share of net income/(loss) for the above investments which is included in the Company’s Condensed Consolidated Statements of Income in Equity in income of joint ventures, net for the three and six months ended June 30, 2015 and 2014 (in millions): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 KimPru and KimPru II (3) $ 2.4 $ 2.5 $ 3.6 $ 5.1 KIR (4) (12) 15.6 6.2 23.1 13.0 Kimstone (5) - 0.8 0.7 (0.7 ) BIG Shopping Centers 0.1 0.9 0.1 1.6 CPP 2.4 1.6 4.9 3.1 SEB Immobilien 0.1 0.2 0.2 0.5 Other Institutional Programs 0.1 0.1 0.1 1.0 RioCan (6) 6.3 7.6 66.9 15.3 Latin America (8) (13) (0.1 ) 3.0 (1.2 ) 34.1 Other Joint Venture Programs (9) (10) (11) (14) (4.5 ) 22.1 21.5 25.3 Total $ 22.4 $ 45.0 $ 119.9 $ 98.3 (1) This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors (“PREI”), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II. (2) The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees. (3) During the six months ended June 30, 2015, (i) KimPru II sold an operating property in North Lauderdale, FL for a sales price of $23.2 million and recognized a loss of $0.6 million, of which the Company’s share of this loss was $0.1 million and (ii) KimPru recognized impairment charges related to the pending disposition of four operating properties, of which the Company’s share of these impairment charges was $1.1 million. (4) During the six months ended June 30, 2015, KIR sold three operating properties for a sales price of $48.0 million and recognized a net gain of $19.4 million. The Company’s share of this net gain was $8.2 million. (5) During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt. (6) During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction. (7) During the six months ended June 30, 2015, the Company acquired one property from a joint venture in which the Company had a noncontrolling interest for a total sales price of $5.8 million. (8) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized aggregate impairment charges of $2.6 million relating to the pending sale of various land parcels. The Company’s share of these impairment charges was $1.3 million. The Company sold its noncontrolling interest in these nine parcels and two operating properties located throughout Mexico for a sales price of $7.2 million during the six months ended June 30, 2015. The Company recognized a gain upon final sale of $0.5 million, before income taxes, associated with the transaction. (9) During June 2013, the Intown portfolio was sold and the Company maintained its guarantee on a portion of debt that was assumed by the buyer at closing. The transaction resulted in a deferred gain to the Company of $21.7 million due to the Company’s continued involvement through its guarantee of the debt. On February 24, 2015, the outstanding debt balance was fully repaid by the buyer and as such, the Company was relieved of its related commitments and guarantee. As a result, the Company recognized the deferred gain of $21.7 million during the six months ended June 30, 2015. (10) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction. (11) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized an impairment charge relating to the pending sale of a property. The Company’s share of this impairment charge was $4.1 million, before income tax benefit. (12) During the six months ended June 30, 2014, KIR recognized aggregate impairment charges of $4.0 million related to two properties which KIR anticipates selling within the next 18 months. KIR effectively shortened its anticipated hold period for these assets which resulted in the expected future cash flows being less than the carrying value. The Company’s share of these impairment charges was $2.3 million. (13) During the six months ended June 30, 2014, the Company sold its noncontrolling interest in nine operating properties located throughout Mexico for a sales price of $175.0 million. The Company recognized a gain of $30.7 million, before income taxes, associated with the transaction. (14) During the six months ended June 30, 2014, a joint venture in which the Company holds a noncontrolling interest sold eight operating properties for an aggregate sales price of $98.4 million and recognized an aggregate gain of $33.7 million. The Company’s share of this gain was $17.7 million. The table below presents debt balances within the Company’s unconsolidated joint venture investments for which the Company held noncontrolling ownership interests at June 30, 2015 and December 31, 2014 (dollars in millions): As of June 30, 2015 As of December 31, 2014 Venture Mortgages and Notes Payable Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable Weighted Average Interest Rate Weighted Average Remaining Term (months)* KimPru and KimPru II $ 861.3 5.54 % 18.0 $ 920.0 5.53 % 23.0 KIR 808.2 4.81 % 67.5 860.7 5.04 % 61.9 Kimstone - - - 701.3 4.45 % 28.7 BIG Shopping Centers 145.1 5.45 % 16.1 144.6 5.52 % 22.0 CPP 111.0 5.14 % 9.5 112.0 5.05 % 10.1 SEB Immobilien 50.1 4.06 % 29.7 50.0 4.06 % 35.7 Other Institutional Programs 222.3 5.47 % 14.9 222.9 5.47 % 20.8 RioCan 555.2 4.23 % 34.4 640.5 4.29 % 39.9 Other Joint Venture Programs 875.8 5.33 % 51.5 921.9 5.31 % 58.6 Total $ 3,629.0 $ 4,573.9 * Average Remaining Term includes extension options.

Other Real Estate Investments a

Other Real Estate Investments and Other Assets	6 Months Ended
	Jun. 30, 2015
Other Real Estate Investments and Other Assets [Abstract]
Other Real Estate Investments and Other Assets	5. Other Real Estate Investments and Other Assets Preferred Equity Capital - The Company has provided capital to owners and developers of real estate properties through its Preferred Equity Program. As of June 30, 2015, the Company’s net investment under the Preferred Equity Program was $224.4 million relating to 436 properties, including 385 net leased properties. During the six months ended June 30, 2015, the Company earned $10.9 million from its preferred equity investments, including $1.0 million in profit participation earned from two capital transactions. During the six months ended June 30, 2014, the Company earned $13.1 million from its preferred equity investments, including $3.7 million in profit participation earned from one capital transaction. During the six months ended June 30, 2015, the Company obtained a controlling ownership interest in a property that was held in a preferred equity investment in which the Company had a noncontrolling interest and now consolidates this property. The property is under a contract to sell and as such, the Company classified this property with an estimated fair value of $18.7 million as held-for-sale, which is included in Other assets on the Company’s Condensed Consolidated Balance Sheets. Additionally, the Company reclassified $16.3 million in assumed mortgage debt related to this property to Other liabilities on the Company’s Condensed Consolidated Balance Sheets. Kimsouth - Kimsouth Realty Inc. (“Kimsouth”) is a wholly-owned subsidiary of the Company. KRS AB Acquisition, LLC (the “ABS Venture”) is a wholly owned subsidiary of Kimsouth that has a noncontrolling interest in AB Acquisition, LLC (“AB Acquisition”), a joint venture which owns Albertson’s Inc. (“Albertson’s”) and NAI Group Holdings Inc. (“NAI”). The Company holds a controlling interest in the ABS Venture and consolidates this entity. During January 2015, two new noncontrolling members were admitted into the ABS Venture, including Colony Capital, Inc. and affiliates (“Colony”), after which the Company contributed $85.3 million and the two noncontrolling members contributed an aggregate $105.0 million, of which Colony contributed $100.0 million, to the ABS Venture, which was subsequently contributed to AB Acquisition to facilitate the acquisition of all of the outstanding shares of Safeway Inc. (“Safeway”). As a result of this transaction, the ABS Venture now holds a combined 14.35% interest in AB Acquisition, of which the Company holds a combined 9.8% ownership interest and Colony holds a 4.3% ownership interest. Richard B. Saltzman, a member of the Board of Directors of the Company, is the chief executive officer, president and a director of Colony Capital, Inc. The combined company of Albertson’s, NAI and Safeway operates 2,230 grocery stores across 34 states. The Company continues to consolidate the ABS Venture as there was no change in control following the admission of the members described above. As such, the Company recorded (i) the gross investment in Safeway of $190.3 million in Other assets on the Company’s Condensed Consolidated Balance Sheets and accounts for this investment under the cost method of accounting (ii) a noncontrolling interest of $65.0 million and (iii) an increase in Paid-in capital of $24.0 million, net of a deferred tax effect of $16.0 million, representing the amount contributed by the newly admitted members in excess of their proportionate share of the historic book value of the net assets of ABS Venture. Leveraged Lease – The Company held a 90% equity participation interest in a leverage lease of 11 properties which were encumbered by third-party non-recourse debt of $11.2 million. During the six months ended June 30, 2015, the Company sold its leveraged lease interest for a gross sales price of $22.0 million and recognized a gain of $2.1 million in connection with the transaction, which is included in Equity in income of other real estate investments, net on the Company’s Condensed Consolidated Statements of Income.

Variable Interest Entities ("VI

Variable Interest Entities ("VIE")	6 Months Ended
	Jun. 30, 2015
Variable Interest Entities ("VIE") [Abstract]
Variable Interest Entities ("VIE")	6. Variable Interest Entities (“VIE”) Consolidated Ground-Up Development Projects Included within the Company’s ground-up development projects at June 30, 2015, is an entity that is a VIE, for which the Company is the primary beneficiary. This entity was established to develop real estate property to hold as a long-term investment. The Company’s involvement with this entity is through its majority ownership and management of the property. This entity was deemed a VIE primarily based on the fact that the equity investment at risk is not sufficient to permit the entity to finance its activities without additional financial support. The initial equity contributed to this entity was not sufficient to fully finance the real estate construction as development costs are funded by the partners throughout the construction period. The Company determined that it was the primary beneficiary of this VIE as a result of its controlling financial interest. At June 30, 2015, total assets of this ground-up development VIE were $77.8 million and total liabilities were $0.3 million. The classification of these assets is primarily within Real estate under development and the classification of liabilities is primarily within accounts payable and accrued expenses, which is included in Other liabilities in the Company’s Condensed Consolidated Balance Sheets. Substantially all of the projected development costs to be funded for this ground-up development VIE, aggregating $32.8 million, will be funded with capital contributions from the Company and by the outside partners, when contractually obligated. The Company has not provided financial support to these VIEs that it was not previously contractually required to provide. Unconsolidated Ground-Up Development Also included within the Company’s ground-up development projects at June 30, 2015, is an unconsolidated joint venture, which holds a VIE for which the Company is not the primary beneficiary. This entity was primarily established to develop real estate property for long-term investment and was deemed a VIE primarily based on the fact that the equity investment at risk was not sufficient to permit the entity to finance its activities without additional financial support. The initial equity contributed to this entity was not sufficient to fully finance the real estate construction, as development costs are funded by the partners throughout the construction period. The Company determined that it was not the primary beneficiary of this VIE based on the fact that the Company has shared control of this entity along with the entity’s partner and therefore does not have a controlling financial interest. The Company’s investment in this VIE was $38.3 million as of June 30, 2015, which is included in Investments and advances in real estate joint ventures in the Company’s Consolidated Balance Sheets. The Company’s maximum exposure to loss as a result of its involvement with this VIE is estimated to be $38.3 million, which primarily represents the Company’s current investment. The Company has not provided financial support to this VIE that it was not previously contractually required to provide. All future costs of development will be funded with capital contributions from the Company and the outside partner in accordance with their respective ownership percentages. Unconsolidated Redevelopment Investment Included in the Company’s joint venture investments at June 30, 2015, is an unconsolidated joint venture, which is a VIE for which the Company is not the primary beneficiary. This joint venture was primarily established to develop real estate property for long-term investment and was deemed a VIE primarily based on the fact that the equity investment at risk was not sufficient to permit the entity to finance its activities without additional financial support. The initial equity contributed to this entity was not sufficient to fully finance the real estate construction as development costs are funded by the partners throughout the construction period. The Company determined that it was not the primary beneficiary of this VIE based on the fact that the Company has shared control of this entity along with the entity’s partners and therefore does not have a controlling financial interest. As of June 30, 2015, the Company’s investment in this VIE was a negative $7.4 million, due to the fact that the Company had a remaining capital commitment obligation, which is included in Other liabilities in the Company’s Condensed Consolidated Balance Sheets. The Company’s maximum exposure to loss as a result of its involvement with this VIE is estimated to be $7.4 million, which is the remaining capital commitment obligation. The Company has not provided financial support to this VIE that it was not previously contractually required to provide. All future costs of development will be funded with capital contributions from the Company and the outside partner in accordance with their respective ownership percentages.

Mortgages and Other Financing R

Mortgages and Other Financing Receivables	6 Months Ended
	Jun. 30, 2015
Mortgage Loans on Real Estate [Abstract]
Mortgages and Other Financing Receivables	7. Mortgages and Other Financing Receivables The Company has various mortgages and other financing receivables which consist of loans acquired and loans originated by the Company. The Company reviews payment status to identify performing versus non-performing loans. As of June 30, 2015, the Company had a total of 14 loans aggregating $23.0 million all of which were identified as performing loans. During the six months ended June 30, 2015, the Company received full payment relating to two mortgage receivable loans which had an aggregate outstanding balance of $49.9 million. These loans bore interest at rates ranging from the Interbank Equilibrium Interest Rate (“TIIE”) plus 3.25% to 7.00% and had scheduled maturities ranging from August 2015 to March 2018.

Marketable Securities and Other

Marketable Securities and Other Investments	6 Months Ended
	Jun. 30, 2015
Marketable Securities and Other Investments [Abstract]
Marketable Securities and Other Investments	8. Marketable Securities and Other Investments At June 30, 2015, the Company’s investment in marketable securities was $24.3 million, which includes an aggregate unrealized gain of $7.7 million relating to marketable equity security investments. During April 2015, the Company sold 6.4 million shares of its Supervalu Inc. common stock for an aggregate price of $58.6 million. As a result of this transaction, the Company realized a gain of $32.4 million during the six months ended June 30, 2015, which is included in Interest, dividends and other investment income on the Company’s Condensed Consolidated Statements of Income (see Footnote 15).

Notes and Mortgages Payable

Notes and Mortgages Payable	6 Months Ended
	Jun. 30, 2015
Notes and Mortgages Payable [Abstract]
Notes and Mortgages Payable	9. Notes and Mortgages Payable In April 2015, the FASB issued ASU 2015-03, which requires 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, consistent with debt discounts. Beginning in its fiscal year 2015, the Company elected to early adopt ASU 2015-03 and appropriately retrospectively applied the guidance to its Notes Payable and Mortgages Payable to all periods presented. Unamortized debt issuance costs of $27.2 million and $3.4 million are included in Notes Payable and Mortgages Payable, respectively, as of June 30, 2015, and $20.4 million and $3.9 million of unamortized debt issuance costs are included in Notes Payable and Mortgages Payable, respectively, as of December 31, 2014 (previously included in Other assets on the Company’s Condensed Consolidated Balance Sheets). Notes Payable - During January 2015, the Company entered into a new $650.0 million unsecured term loan (“Term Loan”) which is scheduled to mature in January 2017 (with three one-year extension options at the Company’s discretion) and accrues interest at a spread (currently 95 basis points) to LIBOR or at the Company’s option at a base rate as defined per the agreement (1.13% at June 30, 2015). The proceeds from the Term Loan were used to repay the prior $400.0 million term loan, which was scheduled to mature in April 2015 (with two additional one-year extension options) and bore interest at LIBOR plus 105 basis points, and for general corporate purposes. Pursuant to the terms of the credit agreement for the Term Loan, the Company, among other things, is subject to covenants requiring the maintenance of (i) maximum indebtedness ratios and (ii) minimum interest and fixed charge coverage ratios. The Company was in compliance with all of the covenants as of June 30, 2015. During March 2015, the Company issued $350.0 million of 30-year Senior Unsecured Notes at an interest rate of 4.25% payable semi-annually in arrears which are scheduled to mature in April 2045. The Company used the net proceeds from the issuance of $342.7 million, after the underwriting discount and related offering costs, for general corporate purposes including to pre-fund near-term debt maturities and partially reduce borrowings under the Company’s revolving credit facility. Additionally, during the six months ended June 30, 2015, the Company repaid its $100 million 4.904% senior unsecured notes, which matured in February 2015. Mortgages Payable - During the six months ended June 30, 2015, the Company (i) assumed $680.4 million of individual non-recourse mortgage debt relating to the acquisition of 34 operating properties, including an increase of $21.6 million associated with fair value debt adjustments and (ii) paid off $308.9 million of mortgage debt that encumbered 11 operating properties.

Redeemable Noncontrolling Inter

Redeemable Noncontrolling Interests	6 Months Ended
	Jun. 30, 2015
Redeemable Noncontrolling Interests [Abstract]
Redeemable Noncontrolling Interests	10. Redeemable Noncontrolling Interests Redeemable noncontrolling interests includes amounts related to partnership units issued by consolidated subsidiaries of the Company in connection with certain property acquisitions. Partnership units which are determined to be mandatorily redeemable under the FASB’s Distinguishing Liabilities from Equity guidance are classified as Redeemable noncontrolling interests and presented in the mezzanine section between Total liabilities and Stockholder’s equity on the Company’s Condensed Consolidated Balance Sheets. The amounts of consolidated net income attributable to the Company and to the noncontrolling interests are presented on the Company’s Condensed Consolidated Statements of Income. The following table presents the change in the redemption value of the Redeemable noncontrolling interests for the six months ended June 30, 2015 and 2014 (amounts in thousands): 2015 2014 Balance at January 1, $ 91,480 $ 86,153 Issuance of redeemable partnership interests - 4,943 Fair market value adjustment, net - 225 Other (14 ) 42 Balance at June 30, $ 91,466 $ 91,363

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	11. Fair Value Measurements All financial instruments of the Company are reflected in the accompanying Condensed Consolidated Balance Sheets at amounts which, in management’s estimation based upon an interpretation of available market information and valuation methodologies, reasonably approximate their fair values except those listed below, for which fair values are disclosed. The valuation method used to estimate fair value for fixed-rate and variable-rate debt is based on discounted cash flow analyses, with assumptions that include credit spreads, market yield curves, trading activity, loan amounts and debt maturities. The fair values for marketable securities are based on published values, securities dealers’ estimated market values or comparable market sales. Such fair value estimates are not necessarily indicative of the amounts that would be realized upon disposition. As a basis for considering market participant assumptions in fair value measurements, the FASB’s Fair Value Measurements and Disclosures 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 that are classified within Levels 1 and 2 of the hierarchy) and the reporting entity’s own assumptions about market participant assumptions (unobservable inputs classified within Level 3 of the hierarchy). The following are financial instruments for which the Company’s estimate of fair value differs from the carrying amounts (in thousands): June 30, 2015 December 31, 2014 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Marketable securities (1) $ 24,251 $ 24,305 $ 90,235 $ 90,035 Notes payable (2) $ 3,768,945 $ 3,850,948 $ 3,171,742 $ 3,313,936 Mortgages payable (3) $ 1,768,827 $ 1,815,721 $ 1,424,228 $ 1,481,138 (1) As of June 30, 2015 and December 31, 2014, the Company determined that $22.5 million and $87.7 million, respectively, of the Marketable securities estimated fair value were classified within Level 1 of the fair value hierarchy and the remaining $1.8 million and $2.3 million, respectively, were classified within Level 3 of the fair value hierarchy. (2) The Company determined that its valuation of Notes payable was classified within Level 2 of the fair value hierarchy. (3) The Company determined that its valuation of Mortgages payable was classified within Level 3 of the fair value hierarchy. The Company has certain financial instruments that must be measured under the FASB’s Fair Value Measurements and Disclosures guidance, including available for sale securities. The Company currently does not have non-financial assets and non-financial liabilities that are required to be measured at fair value on a recurring basis. The tables below present the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands): Balance at June 30, Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 22,541 $ 22,541 $ - $ - Liabilities: Interest rate swaps (1) $ 1,349 $ - $ 1,349 $ - Balance at December 31, Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 87,659 $ 87,659 $ - $ - Liabilities: Interest rate swaps (1) $ 1,404 $ - $ 1,404 $ - (1) Included in Other liabilities on the Company’s Condensed Consolidated Balance Sheets Assets measured at fair value on a non-recurring basis at June 30, 2015 and December 31, 2014, are as follows (in thousands): Balance at June 30, Level 1 Level 2 Level 3 Real estate $ 16,083 $ - $ - $ 16,083 Other real estate investments 6,366 - - 6,366 Balance at December 31, Level 1 Level 2 Level 3 Real estate $ 80,270 $ - $ - $ 80,270 During the six months ended June 30, 2015, the Company recognized impairment charges related to adjustments to property carrying values of $21.9 million of which $0.1 million, before noncontrolling interests and income taxes, is included in discontinued operations. These impairment charges consist of (i) $17.1 million related to adjustments to property carrying values, (ii) $4.0 million related to pending sale of investments in other real estate investments and (iii) $0.8 million related to marketable debt securities investment. During the six months ended June 30, 2014, the Company recognized impairment charges of $100.0 million of which $74.2 million, before noncontrolling interests and income taxes, is included in discontinued operations. These impairment charges consist of (i) $97.8 million related to adjustments to property carrying values and (ii) $2.2 million related to a cost method investment. The Company’s estimated fair values, as they relate to property carrying values and investments in other real estate investments were primarily based upon estimated sales prices from third party offers based on signed contracts and appraisals or letters of intent for which the Company does not have access to the unobservable inputs used to determine these estimated fair values. Based on these inputs the Company determined that its valuation of these investments was classified within Level 3 of the fair value hierarchy. (See Footnote 2 for additional discussion regarding impairment charges).

Preferred Stock

Preferred Stock	6 Months Ended
	Jun. 30, 2015
Preferred Stock [Abstract]
Preferred Stock	12. Preferred Stock The Company’s outstanding Preferred Stock is detailed below: As of June 30, 2015 and December 31, 2014 Series of Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Series H 70,000 70,000 $ 175,000 6.90 % $ 1.72500 $ 1.00 Series I 18,400 16,000 400,000 6.00 % $ 1.50000 $ 1.00 Series J 9,000 9,000 225,000 5.50 % $ 1.37500 $ 1.00 Series K 8,050 7,000 175,000 5.625 % $ 1.40625 $ 1.00 105,450 102,000 $ 975,000

Supplemental Schedule of Non-Ca

Supplemental Schedule of Non-Cash Investing / Financing Activities	6 Months Ended
	Jun. 30, 2015
Supplemental Schedule of Non-Cash Investing / Financing Activities [Abstract]
Supplemental Schedule of Non-Cash Investing / Financing Activities	13. Supplemental Schedule of Non-Cash Investing / Financing Activities The following schedule summarizes the non-cash investing and financing activities of the Company for the six months ended June 30, 2015 and 2014 (in thousands): 2015 2014 Acquisition of real estate interests by assumption of mortgage debt $ 20,800 $ 210,232 Acquisition of real estate interests by issuance of redeemable units/partnership interest $ - $ 6,122 Acquisition of real estate interests through proceeds held in escrow $ 31,738 $ 14,884 Proceeds held in escrow through sale of real estate interests $ 14,335 $ 14,352 Issuance of restricted common stock $ 488 $ 11,451 Surrender of restricted common stock $ (5,292 ) $ (3,729 ) Declaration of dividends paid in succeeding period $ 111,455 $ 104,786 Consolidation of Joint Ventures: Increase in real estate and other assets $ 916,167 $ 303,374 Increase in mortgages payable $ 653,720 $ 180,279

Incentive Plans

Incentive Plans	6 Months Ended
	Jun. 30, 2015
Incentive Plans [Abstract]
Incentive Plans	14. Incentive Plans The Company maintains two equity participation plans, the Second Amended and Restated 1998 Equity Participation Plan (the “Prior Plan”) and the 2010 Equity Participation Plan (the “2010 Plan”) (collectively, the “Plans”). The Prior Plan provides for a maximum of 47,000,000 shares of the Company’s common stock to be issued for qualified and non-qualified stock options and restricted stock grants. Effective May 1, 2012, the 2010 Plan provides for a maximum of 10,000,000 shares of the Company’s common stock to be issued for qualified and non-qualified stock options and other awards, plus the number of shares of common stock which are or become available for issuance under the Prior Plan and which are not thereafter issued under the Prior Plan, subject to certain conditions. Unless otherwise determined by the Board of Directors at its sole discretion, stock options granted under the Plans generally vest ratably over a range of three to five years, expire ten years from the date of grant and are exercisable at the market price on the date of grant. Restricted stock grants generally vest (i) 100% on the fourth or fifth anniversary of the grant, (ii) ratably over three or four years or (iii) over ten years at 20% per year commencing after the fifth year. Performance share awards, which vest over a period of one to three years, may provide a right to receive shares of the Company’s common stock or restricted stock based on the Company’s performance relative to its peers, as defined, or based on other performance criteria as determined by the Board of Directors. In addition, the Plans provide for the granting of certain stock options and restricted stock to each of the Company’s non-employee directors (the “Independent Directors”) and permit such Independent Directors to elect to receive deferred stock awards in lieu of directors’ fees. The Company recognized expenses associated with its equity awards of $12.2 million and $11.2 million for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015, the Company had $34.2 million of total unrecognized compensation cost related to unvested stock compensation granted under the Plans. That cost is expected to be recognized over a weighted average period of approximately 2.9 years.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income ("AOCI")	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income ("AOCI") [Abstract]
Accumulated Other Comprehensive Income (''AOCI'')	15. Accumulated Other Comprehensive Income (“AOCI”) The following tables display the change in the components of accumulated other comprehensive income for the six months ended June 30, 2015 and 2014: Foreign Currency Translation Adjustments Unrealized Gains on Available-for- Sale Investments Unrealized Gain/(Loss) on Interest Rate Swaps Total Balance as of January 1, 2015 $ 329 $ 46,197 $ (1,404 ) $ 45,122 Other comprehensive income before reclassifications (8,536 ) (6,112 ) 55 (14,593 ) Amounts reclassified from AOCI (1) - (32,435 ) - (32,435 ) Net current-period other comprehensive income (8,536 ) (38,547 ) 55 (47,028 ) Balance as of June 30, 2015 $ (8,207 ) $ 7,650 $ (1,349 ) $ (1,906 ) Foreign Currency Translation Adjustments Unrealized Gains on Available-for-Sale Investments Total Balance as of January 1, 2014 $ (90,977 ) $ 25,995 $ (64,982 ) Other comprehensive income before reclassifications (2,721 ) 8,111 5,390 Amounts reclassified from AOCI - - - Net current-period other comprehensive income (2,721 ) 8,111 5,390 Balance as of June 30, 2014 $ (93,698 ) $ 34,106 $ (59,592 ) (1) Amounts reclassified to Interest, dividends and other investment income on the Company’s Condensed Consolidated Statements of Income. At June 30, 2015, the Company had a net $8.2 million, of unrealized cumulative foreign currency translation adjustment (“CTA”) losses relating to its foreign entity investments in Canada and Chile. The CTA is comprised of $7.9 million of unrealized gains relating to its Canadian investments and $16.1 million of unrealized loss relating to its Chilean investment. CTA results from currency fluctuations between local currency and the U.S. dollar during the period in which the Company held its investment. CTA amounts are subject to future changes resulting from ongoing fluctuations in the respective foreign currency exchange rates. Under generally accepted accounting principles in the United States (“GAAP”), the Company is required to release CTA balances into earnings when the Company has substantially liquidated its investment in a foreign entity. The Company may, in the near term, liquidate its investment in Chile, which will require the then unrealized loss on foreign currency translation to be recognized as a charge against earnings.

Pro Forma Financial Information

Pro Forma Financial Information	6 Months Ended
	Jun. 30, 2015
Pro Forma Financial Information [Abstract]
Pro Forma Financial Information	16. Pro Forma Financial Information As discussed in Note 2, the Company and certain of its affiliates acquired and disposed of interests in certain operating properties during the six months ended June 30, 2015. The pro forma financial information set forth below is based upon the Company’s historical Condensed Consolidated Statements of Income for the six months ended June 30, 2015 and 2014, adjusted to give effect to these transactions at the beginning of 2014 and 2013, respectively. The pro forma financial information is presented for informational purposes only and may not be indicative of what actual results of income would have been had the transactions occurred at the beginning of 2014 and 2013, respectively, nor does it purport to represent the results of income for future periods. (Amounts presented in millions, except per share figures). Six Months Ended 2015 2014 Revenues from rental property $ 568.2 $ 566.9 Net income $ 364.0 $ 215.8 Net income available to the Company’s common shareholders $ 331.9 $ 181.9 Net income available to the Company’s common shareholders per common share: Basic $ 0.81 $ 0.44 Diluted $ 0.80 $ 0.44

Interim Financial Statements (P

Interim Financial Statements (Policies)	6 Months Ended
	Jun. 30, 2015
Interim Financial Statements [Abstract]
Principles of Consolidation -	Principles of Consolidation - The accompanying Condensed Consolidated Financial Statements include the accounts of Kimco Realty Corporation and Subsidiaries, (the “Company”). The Company’s Subsidiaries includes subsidiaries which are wholly-owned, and all entities in which the Company has a controlling financial interest, including where the Company has been determined to be a primary beneficiary of a variable interest entity (“VIE”) or meets certain criteria of a sole general partner or managing member in accordance with the Consolidation guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). All inter-company balances and transactions have been eliminated in consolidation. The information presented in the accompanying Condensed Consolidated Financial Statements is unaudited and reflects all adjustments which are, in the opinion of management, necessary to reflect a fair statement of the results for the interim periods presented, and all such adjustments are of a normal recurring nature. These Condensed Consolidated Financial Statements should be read in conjunction with the Company's 2014 Annual Report on Form 10-K for the year ended December 31, 2014 (“10-K”), as certain disclosures in this Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2015, that would duplicate those included in the 10-K are not included in these Condensed Consolidated Financial Statements.
Subsequent Events -	Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in the financial statements (see Footnote 4).
Income Taxes -	Income Taxes - The Company elected status as a Real Estate Investment Trust (a “REIT”) for federal income tax purposes beginning in its taxable year ended December 31, 1991 and operates in a manner that enables the Company to maintain its status as a REIT. As a REIT, the Company must distribute at least 90 percent of its taxable income and will not pay federal income taxes on the amount distributed to its shareholders. Therefore, the Company is not subject to federal income taxes if it distributes 100 percent of its taxable income. Most states, where the Company holds investments in real estate, conform to the federal rules recognizing REITs. Certain subsidiaries have made a joint election with the Company to be treated as taxable REIT subsidiaries (“TRS”), which permit the Company to engage in certain business activities in which the REIT may not conduct directly. A TRS is subject to federal and state income taxes on the income from these activities and the Company includes a provision for taxes in its condensed consolidated financial statements. The Company is subject to and also includes in its tax provision non-U.S. income taxes on certain investments located in jurisdictions outside the U.S. These investments are held by the Company at the REIT level and not in the Company’s taxable REIT subsidiary. Accordingly, the Company does not expect a U.S. income tax impact associated with the repatriation of undistributed earnings from the Company’s foreign subsidiaries.
Earnings Per Share -	Earnings Per Share - The following table sets forth the reconciliation of earnings and the weighted average number of shares used in the calculation of basic and diluted earnings per share (amounts presented in thousands except per share data): Three Months Ended Six Months Ended 2015 2014 2015 2014 Computation of Basic Earnings Per Share: Income from continuing operations $ 101,110 $ 128,989 $ 381,869 $ 204,598 Gain on sale of operating properties, net of tax 26,499 389 58,554 389 Net income attributable to noncontrolling interests (609 ) (2,438 ) (3,006 ) (11,298 ) Discontinued operations attributable to noncontrolling interests - 815 - 7,429 Preferred stock dividends (14,573 ) (14,573 ) (29,146 ) (29,147 ) Income from continuing operations available to the common shareholders 112,427 113,182 408,271 171,971 Earnings attributable to participating securities (458 ) (501 ) (1,940 ) (819 ) Income from continuing operations attributable to common shareholders 111,969 112,681 406,331 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Net income attributable to the Company’s common shareholders for basic earnings per share $ 111,969 $ 74,438 $ 406,256 $ 146,546 Weighted average common shares outstanding 411,317 408,902 411,057 408,636 Basic Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.28 $ 0.99 $ 0.42 Loss from discontinued operations - (0.10 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.99 $ 0.36 Computation of Diluted Earnings Per Share: Income from continuing operations attributable to common shareholders $ 111,969 $ 112,681 $ 406,331 $ 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Distributions on convertible units 139 721 373 262 Net income attributable to the Company’s common shareholders for diluted earnings per share $ 112,108 $ 75,159 $ 406,629 $ 146,808 Weighted average common shares outstanding – basic 411,317 408,902 411,057 408,636 Effect of dilutive securities (a): 1,103 2,923 1,281 1,046 Assumed conversion of convertible units 666 1,519 810 727 Shares for diluted earnings per common share 413,086 413,344 413,148 410,409 Diluted Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.27 $ 0.98 $ 0.42 Loss from discontinued operations - (0.09 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.98 $ 0.36 (a) For the three and six months ended June 30, 2015 and 2014, the effect of certain convertible units would have an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversion has not been included in the determination of diluted earnings per share calculations. Additionally, there were 6,802,560 and 8,952,148 stock options that were not dilutive at June 30, 2015 and 2014, respectively. The Company's unvested restricted share awards and convertible units (the “Participating securities”) contain non-forfeitable rights to distributions or distribution equivalents. The impact of the Participating securities on earnings per share has been calculated using the two-class method whereby earnings are allocated to the Participating securities based on dividends declared and the Participating securities rights in undistributed earnings.
New Accounting Pronouncements -	New Accounting Pronouncements – In April 2015, the FASB issued Accounting Standards Update (“ASU”) 2015-03, Interest - Imputation of Interest (Topic 835): Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). The amendments in ASU 2015-03 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, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The amendments in ASU 2015-03 are effective for fiscal years beginning after December 15, 2015. Early adoption is permitted. The Company elected to early adopt ASU 2015-03 beginning in its fiscal year 2015 (see Footnote 9). The adoption of ASU 2015-03 did not have a material impact on the Company’s financial position or results of operations. In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015-02”). ASU 2015-02 focuses to minimize situations under previously existing guidance in which a reporting entity was required to consolidate another legal entity in which that reporting entity did not have: (1) the ability through contractual rights to act primarily on its own behalf; (2) ownership of the majority of the legal entity's voting rights; or (3) the exposure to a majority of the legal entity's economic benefits. ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. ASU 2015-02 will be effective for periods beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. The Company is currently in the process of evaluating the impact the adoption of ASU 2015-02 will have on the Company’s financial position or results of operations. In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”), which requires management to evaluate, at each annual and interim reporting period, whether there are conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date the financial statements are issued and provide related disclosures. ASU 2014-15 is effective for annual periods ending after December 15, 2016 and interim periods thereafter, early adoption is permitted. The Company does not expect the adoption of ASU 2014-15 to have a material effect on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). ASU 2014-09 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. In adopting ASU 2014-09, companies may use either a full retrospective or a modified retrospective approach. ASU 2014-09 was effective for the first interim period within annual reporting periods beginning after December 15, 2016, and early adoption was not permitted. On July 9, 2015 the FASB decided to delay the effective date of ASU 2014-09 by one year making it effective for the first interim period within annual reporting periods beginning after December 15, 2017. Early adoption is permitted as of the original effective date. The Company is currently in the process of evaluating the impact the adoption of ASU 2014-09 will have on the Company’s financial position or results of operations. In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity (“ASU 2014-08”). The amendments in ASU 2014-08 change the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. The amendments in ASU 2014-08 are effective for fiscal years beginning after December 15, 2014. The Company adopted ASU 2014-08 beginning January 1, 2015 and appropriately applied the guidance prospectively to disposals of its operating properties. Prior to January 1, 2015, properties identified as held-for-sale and/or disposed of were presented in discontinued operations for all periods presented. The adoption and implementation of this ASU resulted in the operations of certain current period dispositions in the ordinary course of business to be classified within continuing operations on the Company’s Condensed Consolidated Statements of Income. The adoption did not have an impact on the Company’s financial position or cash flows. The disclosures required by this ASU have been incorporated in the notes included herein.

Interim Financial Statements (T

Interim Financial Statements (Tables)	6 Months Ended
	Jun. 30, 2015
Interim Financial Statements [Abstract]
Schedule of reconciliation of earnings and the weighted average number of shares	Three Months Ended Six Months Ended 2015 2014 2015 2014 Computation of Basic Earnings Per Share: Income from continuing operations $ 101,110 $ 128,989 $ 381,869 $ 204,598 Gain on sale of operating properties, net of tax 26,499 389 58,554 389 Net income attributable to noncontrolling interests (609 ) (2,438 ) (3,006 ) (11,298 ) Discontinued operations attributable to noncontrolling interests - 815 - 7,429 Preferred stock dividends (14,573 ) (14,573 ) (29,146 ) (29,147 ) Income from continuing operations available to the common shareholders 112,427 113,182 408,271 171,971 Earnings attributable to participating securities (458 ) (501 ) (1,940 ) (819 ) Income from continuing operations attributable to common shareholders 111,969 112,681 406,331 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Net income attributable to the Company’s common shareholders for basic earnings per share $ 111,969 $ 74,438 $ 406,256 $ 146,546 Weighted average common shares outstanding 411,317 408,902 411,057 408,636 Basic Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.28 $ 0.99 $ 0.42 Loss from discontinued operations - (0.10 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.99 $ 0.36 Computation of Diluted Earnings Per Share: Income from continuing operations attributable to common shareholders $ 111,969 $ 112,681 $ 406,331 $ 171,152 Loss from discontinued operations attributable to the Company - (38,243 ) (75 ) (24,606 ) Distributions on convertible units 139 721 373 262 Net income attributable to the Company’s common shareholders for diluted earnings per share $ 112,108 $ 75,159 $ 406,629 $ 146,808 Weighted average common shares outstanding – basic 411,317 408,902 411,057 408,636 Effect of dilutive securities (a): 1,103 2,923 1,281 1,046 Assumed conversion of convertible units 666 1,519 810 727 Shares for diluted earnings per common share 413,086 413,344 413,148 410,409 Diluted Earnings Per Share Attributable to the Company’s Common Shareholders: Income from continuing operations $ 0.27 $ 0.27 $ 0.98 $ 0.42 Loss from discontinued operations - (0.09 ) - (0.06 ) Net income attributable to the Company $ 0.27 $ 0.18 $ 0.98 $ 0.36 (a) For the three and six months ended June 30, 2015 and 2014, the effect of certain convertible units would have an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversion has not been included in the determination of diluted earnings per share calculations. Additionally, there were 6,802,560 and 8,952,148 stock options that were not dilutive at June 30, 2015 and 2014, respectively.

Operating Property Activities (

Operating Property Activities (Tables)	6 Months Ended
	Jun. 30, 2015
Operating Property Activities [Abstract]
Schedule of acquired properties in separate transactions	Purchase Price Property Name Location Month Acquired Cash* Debt Assumed Other Total GLA** Elmont Plaza Elmont, NY (1) Jan-15 $ 2,400 $ - $ 3,358 $ 5,758 13 Garden State Pavilion Parcel Cherry Hill, NJ Jan-15 16,300 - - 16,300 111 Kimstone Portfolio (39 properties) Various (2) Feb-15 513,513 637,976 236,011 1,387,500 5,631 Copperfield Village Houston, TX Feb-15 18,700 20,800 - 39,500 165 Snowden Square Parcel Columbia, MD Mar-15 4,868 - - 4,868 25 Dulles Town Crossing Parcel Sterling, VA Mar-15 4,830 - - 4,830 9 Flagler Park S.C. Miami, FL Mar-15 1,875 - - 1,875 5 West Farms Parcel New Britain, CT Apr-15 6,200 - - 6,200 24 Milleridge Inn Jericho, NY Apr-15 7,500 - - 7,500 - Woodgrove Festival Parcels Woodridge, IL Jun-15 5,611 - - 5,611 12 $ 581,797 $ 658,776 $ 239,369 $ 1,479,942 5,995 * The Company utilized $31.7 million associated with Internal Revenue Code §1031 sales proceeds. ** Gross leasable area ("GLA") (1) The Company acquired from its partner the remaining ownership interest in a property that was held in a joint venture in which the Company had a 50.0% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB’s Consolidation guidance and as a result, recognized a loss on change in control of interest of $0.2 million resulting from the fair value adjustment associated with the Company’s previously held equity interest, which is reflected in the purchase price above in Other. (2) The Company acquired from its partner the remaining ownership interest in 39 properties that were held in a joint venture in which the Company had a 33.3% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB’s Consolidation guidance and as a result, recognized a gain on change in control of interest of $140.0 million resulting from the fair value adjustment associated with the Company’s previously held equity interest, which is reflected in the purchase price above in Other.
Schedule of aggregate purchase price of the properties acquired	Land $ 406,252 Buildings 836,417 Above Market Rents 31,659 Below Market Rents (66,407 ) In-Place Leases 148,435 Building Improvements 120,925 Tenant Improvements 21,761 Mortgage Fair Value Adjustment (21,573 ) Other Assets 2,637 Other Liabilities (164 ) $ 1,479,942

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2015
Discontinued Operations [Abstract]
Components of income and expense relating to discontinued operations	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Discontinued operations: Revenues from rental property $ - $ 20,478 $ 124 $ 51,028 Rental property expenses - (5,961 ) (49 ) (12,900 ) Depreciation and amortization - (5,513 ) - (11,119 ) Provision for doubtful accounts, net - (209 ) (57 ) (746 ) Interest expense, net - (388 ) - (781 ) Other expense, net - 52 (12 ) (133 ) Income from discontinued operating properties, before income taxes - 8,459 6 25,349 Impairment of property carrying value, net, before income taxes - (67,423 ) (82 ) (74,155 ) Gain on disposition of operating properties, net, before income taxes - 20,952 - 30,290 Benefit for income taxes, net - 584 1 1,339 Loss from discontinued operating properties - (37,428 ) (75 ) (17,177 ) Net income attributable to noncontrolling interests - (815 ) - (7,429 ) Loss from discontinued operations attributable to the Company $ - $ (38,423 ) $ (75 ) $ (24,606 )

Investment and Advances in Real

Investment and Advances in Real Estate Joint Ventures (Tables)	6 Months Ended
	Jun. 30, 2015
Investment and Advances in Real Estate Joint Ventures [Line Item]
Equity method investments	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 KimPru and KimPru II (3) $ 2.4 $ 2.5 $ 3.6 $ 5.1 KIR (4) (12) 15.6 6.2 23.1 13.0 Kimstone (5) - 0.8 0.7 (0.7 ) BIG Shopping Centers 0.1 0.9 0.1 1.6 CPP 2.4 1.6 4.9 3.1 SEB Immobilien 0.1 0.2 0.2 0.5 Other Institutional Programs 0.1 0.1 0.1 1.0 RioCan (6) 6.3 7.6 66.9 15.3 Latin America (8) (13) (0.1 ) 3.0 (1.2 ) 34.1 Other Joint Venture Programs (9) (10) (11) (14) (4.5 ) 22.1 21.5 25.3 Total $ 22.4 $ 45.0 $ 119.9 $ 98.3 (1) This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors (“PREI”), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II. (2) The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees. (3) During the six months ended June 30, 2015, (i) KimPru II sold an operating property in North Lauderdale, FL for a sales price of $23.2 million and recognized a loss of $0.6 million, of which the Company’s share of this loss was $0.1 million and (ii) KimPru recognized impairment charges related to the pending disposition of four operating properties, of which the Company’s share of these impairment charges was $1.1 million. (4) During the six months ended June 30, 2015, KIR sold three operating properties for a sales price of $48.0 million and recognized a net gain of $19.4 million. The Company’s share of this net gain was $8.2 million. (5) During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt. (6) During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction. (7) During the six months ended June 30, 2015, the Company acquired one property from a joint venture in which the Company had a noncontrolling interest for a total sales price of $5.8 million. (8) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized aggregate impairment charges of $2.6 million relating to the pending sale of various land parcels. The Company’s share of these impairment charges was $1.3 million. The Company sold its noncontrolling interest in these nine parcels and two operating properties located throughout Mexico for a sales price of $7.2 million during the six months ended June 30, 2015. The Company recognized a gain upon final sale of $0.3 million, before income taxes, associated with the transaction. (9) During June 2013, the Intown portfolio was sold and the Company maintained its guarantee on a portion of debt that was assumed by the buyer at closing. The transaction resulted in a deferred gain to the Company of $21.7 million due to the Company’s continued involvement through its guarantee of the debt. On February 24, 2015, the outstanding debt balance was fully repaid by the buyer and as such, the Company was relieved of its related commitments and guarantee. As a result, the Company recognized the deferred gain of $21.7 million during the six months ended June 30, 2015. (10) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction. (11) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized an impairment charge relating to the pending sale of a property. The Company’s share of this impairment charge was $4.1 million, before income tax benefit. (12) During the six months ended June 30, 2014, KIR recognized aggregate impairment charges of $4.0 million related to two properties which KIR anticipates selling within the next 18 months. KIR effectively shortened its anticipated hold period for these assets which resulted in the expected future cash flows being less than the carrying value. The Company’s share of these impairment charges was $2.3 million. (13) During the six months ended June 30, 2014, the Company sold its noncontrolling interest in nine operating properties located throughout Mexico for a sales price of $175.0 million. The Company recognized a gain of $30.7 million, before income taxes, associated with the transaction. (14) During the six months ended June 30, 2014, a joint venture in which the Company holds a noncontrolling interest sold eight operating properties for an aggregate sales price of $98.4 million and recognized an aggregate gain of $33.7 million. The Company’s share of this gain was $17.7 million.
Joint venture investments accounted for under the equity method debt	As of June 30, 2015 As of December 31, 2014 Venture Ownership Interest Number of Properties GLA Gross Real Estate The Company's Investment Ownership Interest Number of Properties GLA Gross Real Estate The Company's Investment Prudential Investment Program (“KimPru” and “KimPru II”) (1) (2) (3) 15.0 % 59 10.3 $ 2,687.9 $ 181.2 15.0 % 60 10.6 $ 2,728.9 $ 178.6 Kimco Income Opportunity Portfolio (“KIR”) (2) (4) 48.6 % 51 11.1 1,456.0 150.5 48.6 % 54 11.5 1,488.2 152.1 Kimstone (2) (5) - - - - - 33.3 % 39 5.6 1,098.7 98.1 BIG Shopping Centers (2) 50.1 % 6 1.0 151.6 - 50.1 % 6 1.0 151.6 - The Canada Pension Plan Investment Board 55.0 % 7 2.4 512.0 190.7 55.0 % 7 2.4 504.0 188.9 SEB Immobilien (2) 15.0 % 3 0.4 86.0 2.3 15.0 % 3 0.4 86.0 2.5 Other Institutional Programs (2) Various 50 1.4 328.0 8.4 Various 50 1.4 327.8 8.5 RioCan (6) 50.0 % 42 8.8 1,032.5 127.0 50.0 % 45 9.3 1,205.8 159.8 Latin America (8) Various 9 - 58.8 15.6 Various 13 0.1 91.2 24.4 Other Joint Venture Programs (7) (10) Various 55 9.3 1,304.0 204.6 Various 60 9.5 1,401.2 224.3 Total 282 44.7 $ 7,616.8 $ 880.3 337 51.8 $ 9,083.4 $ 1,037.2 (1) This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors (“PREI”), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II. (2) The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees. (3) During the six months ended June 30, 2015, (i) KimPru II sold an operating property in North Lauderdale, FL for a sales price of $23.2 million and recognized a loss of $0.6 million, of which the Company’s share of this loss was $0.1 million and (ii) KimPru recognized impairment charges related to the pending disposition of four operating properties, of which the Company’s share of these impairment charges was $1.1 million. (4) During the six months ended June 30, 2015, KIR sold three operating properties for a sales price of $48.0 million and recognized a net gain of $19.4 million. The Company’s share of this net gain was $8.2 million. (5) During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt. (6) During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction. (7) During the six months ended June 30, 2015, the Company acquired one property from a joint venture in which the Company had a noncontrolling interest for a total sales price of $5.8 million. (8) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized aggregate impairment charges of $2.6 million relating to the pending sale of various land parcels. The Company’s share of these impairment charges was $1.3 million. The Company sold its noncontrolling interest in these nine parcels and two operating properties located throughout Mexico for a sales price of $7.2 million during the six months ended June 30, 2015. The Company recognized a gain upon final sale of $0.3 million, before income taxes, associated with the transaction. (9) During June 2013, the Intown portfolio was sold and the Company maintained its guarantee on a portion of debt that was assumed by the buyer at closing. The transaction resulted in a deferred gain to the Company of $21.7 million due to the Company’s continued involvement through its guarantee of the debt. On February 24, 2015, the outstanding debt balance was fully repaid by the buyer and as such, the Company was relieved of its related commitments and guarantee. As a result, the Company recognized the deferred gain of $21.7 million during the six months ended June 30, 2015. (10) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction. (11) During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized an impairment charge relating to the pending sale of a property. The Company’s share of this impairment charge was $4.1 million, before income tax benefit. (12) During the six months ended June 30, 2014, KIR recognized aggregate impairment charges of $4.0 million related to two properties which KIR anticipates selling within the next 18 months. KIR effectively shortened its anticipated hold period for these assets which resulted in the expected future cash flows being less than the carrying value. The Company’s share of these impairment charges was $2.3 million. (13) During the six months ended June 30, 2014, the Company sold its noncontrolling interest in nine operating properties located throughout Mexico for a sales price of $175.0 million. The Company recognized a gain of $30.7 million, before income taxes, associated with the transaction. (14) During the six months ended June 30, 2014, a joint venture in which the Company holds a noncontrolling interest sold eight operating properties for an aggregate sales price of $98.4 million and recognized an aggregate gain of $33.7 million. The Company’s share of this gain was $17.7 million.
Income [Member]
Investment and Advances in Real Estate Joint Ventures [Line Item]
Joint venture investments accounted for under the equity method debt	As of June 30, 2015 As of December 31, 2014 Venture Mortgages and Notes Payable Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable Weighted Average Interest Rate Weighted Average Remaining Term (months)* KimPru and KimPru II $ 861.3 5.54 % 18.0 $ 920.0 5.53 % 23.0 KIR 808.2 4.81 % 67.5 860.7 5.04 % 61.9 Kimstone - - - 701.3 4.45 % 28.7 BIG Shopping Centers 145.1 5.45 % 16.1 144.6 5.52 % 22.0 CPP 111.0 5.14 % 9.5 112.0 5.05 % 10.1 SEB Immobilien 50.1 4.06 % 29.7 50.0 4.06 % 35.7 Other Institutional Programs 222.3 5.47 % 14.9 222.9 5.47 % 20.8 RioCan 555.2 4.23 % 34.4 640.5 4.29 % 39.9 Other Joint Venture Programs 875.8 5.33 % 51.5 921.9 5.31 % 58.6 Total $ 3,629.0 $ 4,573.9 * Average Remaining Term includes extension options.

Redeemable Noncontrolling Int31

Redeemable Noncontrolling Interests (Tables)	6 Months Ended
	Jun. 30, 2015
Redeemable Noncontrolling Interests [Abstract]
Schedule of redeemable noncontrolling interests	2015 2014 Balance at January 1, $ 91,480 $ 86,153 Issuance of redeemable partnership interests - 4,943 Fair market value adjustment, net - 225 Other (14 ) 42 Balance at June 30, $ 91,466 $ 91,363

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Estimate of fair value differs from the carrying amounts	June 30, 2015 December 31, 2014 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Marketable securities (1) $ 24,251 $ 24,305 $ 90,235 $ 90,035 Notes payable (2) $ 3,768,945 $ 3,850,948 $ 3,171,742 $ 3,313,936 Mortgages payable (3) $ 1,768,827 $ 1,815,721 $ 1,424,228 $ 1,481,138 (1) As of June 30, 2015 and December 31, 2014, the Company determined that $22.5 million and $87.7 million, respectively, of the Marketable securities estimated fair value were classified within Level 1 of the fair value hierarchy and the remaining $1.8 million and $2.3 million, respectively, were classified within Level 3 of the fair value hierarchy. (2) The Company determined that its valuation of Notes payable was classified within Level 2 of the fair value hierarchy. (3) The Company determined that its valuation of Mortgages payable was classified within Level 3 of the fair value hierarchy.
Schedule of financial assets measured at fair value	Balance at June 30, Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 22,541 $ 22,541 $ - $ - Liabilities: Interest rate swaps (1) $ 1,349 $ - $ 1,349 $ - Balance at December 31, Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 87,659 $ 87,659 $ - $ - Liabilities: Interest rate swaps (1) $ 1,404 $ - $ 1,404 $ - (1) Included in Other liabilities on the Company’s Condensed Consolidated Balance Sheets
Schedule of assets measured at fair value on non-recurring basis	Balance at June 30, Level 1 Level 2 Level 3 Real estate $ 16,083 $ - $ - $ 16,083 Other real estate investments 6,366 - - 6,366 Balance at December 31, Level 1 Level 2 Level 3 Real estate $ 80,270 $ - $ - $ 80,270

Preferred Stock (Tables)

Preferred Stock (Tables)	6 Months Ended
	Jun. 30, 2015
Preferred Stock [Abstract]
Schedule of preferred stock	As of June 30, 2015 and December 31, 2014 Series of Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Series H 70,000 70,000 $ 175,000 6.90 % $ 1.72500 $ 1.00 Series I 18,400 16,000 400,000 6.00 % $ 1.50000 $ 1.00 Series J 9,000 9,000 225,000 5.50 % $ 1.37500 $ 1.00 Series K 8,050 7,000 175,000 5.625 % $ 1.40625 $ 1.00 105,450 102,000 $ 975,000

Supplemental Schedule of Non-34

Supplemental Schedule of Non-Cash Investing / Financing Activities (Tables)	6 Months Ended
	Jun. 30, 2015
Supplemental Schedule of Non-Cash Investing / Financing Activities [Abstract]
Schedule of non-cash investing and financing activities	2015 2014 Acquisition of real estate interests by assumption of mortgage debt $ 20,800 $ 210,232 Acquisition of real estate interests by issuance of redeemable units/partnership interest $ - $ 6,122 Acquisition of real estate interests through proceeds held in escrow $ 31,738 $ 14,884 Proceeds held in escrow through sale of real estate interests $ 14,335 $ 14,352 Issuance of restricted common stock $ 488 $ 11,451 Surrender of restricted common stock $ (5,292 ) $ (3,729 ) Declaration of dividends paid in succeeding period $ 111,455 $ 104,786 Consolidation of Joint Ventures: Increase in real estate and other assets $ 916,167 $ 303,374 Increase in mortgages payable $ 653,720 $ 180,279

Accumulated Other Comprehensi35

Accumulated Other Comprehensive Income ("AOCI") (Tables)	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income ("AOCI") [Abstract]
Schedule of change in the components of accumulated other comprehensive income	Foreign Currency Translation Adjustments Unrealized Gains on Available-for- Sale Investments Unrealized Gain/(Loss) on Interest Rate Swaps Total Balance as of January 1, 2015 $ 329 $ 46,197 $ (1,404 ) $ 45,122 Other comprehensive income before reclassifications (8,536 ) (6,112 ) 55 (14,593 ) Amounts reclassified from AOCI (1) - (32,435 ) - (32,435 ) Net current-period other comprehensive income (8,536 ) (38,547 ) 55 (47,028 ) Balance as of June 30, 2015 $ (8,207 ) $ 7,650 $ (1,349 ) $ (1,906 ) Foreign Currency Translation Adjustments Unrealized Gains on Available-for-Sale Investments Total Balance as of January 1, 2014 $ (90,977 ) $ 25,995 $ (64,982 ) Other comprehensive income before reclassifications (2,721 ) 8,111 5,390 Amounts reclassified from AOCI - - - Net current-period other comprehensive income (2,721 ) 8,111 5,390 Balance as of June 30, 2014 $ (93,698 ) $ 34,106 $ (59,592 ) (1) Amounts reclassified to Interest, dividends and other investment income on the Company’s Condensed Consolidated Statements of Income.

Pro Forma Financial Informati36

Pro Forma Financial Information (Tables)	6 Months Ended
	Jun. 30, 2015
Pro Forma Financial Information [Abstract]
Schedule of pro forma financial information	Six Months Ended 2015 2014 Revenues from rental property $ 568.2 $ 566.9 Net income $ 364.0 $ 215.8 Net income available to the Company’s common shareholders $ 331.9 $ 181.9 Net income available to the Company’s common shareholders per common share: Basic $ 0.81 $ 0.44 Diluted $ 0.80 $ 0.44

Interim Financial Statements (D

Interim Financial Statements (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Computation of Basic Earnings Per Share
Income from continuing operations		$ 101,110	$ 128,989	$ 381,869	$ 204,598
Gain on sale of operating properties, net of tax		26,499	389	58,554	389
Net income attributable to noncontrolling interests		$ (609)	(2,438)	$ (3,006)	(11,298)
Discontinued operations attributable to noncontrolling interests			(815)		(7,429)
Preferred dividends		$ (14,573)	(14,573)	$ (29,146)	(29,147)
Income from continuing operations available to the common shareholders		112,427	113,182	408,271	171,971
Earnings attributable to participating securities		(458)	(501)	(1,940)	(819)
Income from continuing operations attributable to common shareholders		$ 111,969	112,681	406,331	171,152
Loss from discontinued operations attributable to the Company			(38,243)	(75)	(24,606)
Net income attributable to the Company's common shareholders for basic earnings per share		$ 111,969	$ 74,438	$ 406,256	$ 146,546
Weighted average common shares outstanding		411,317	408,902	411,057	408,636
Basic Earnings Per Share Attributable to the Company's Common Shareholders:
Income from continuing operations		$ 0.27	$ 0.28	$ 0.99	$ 0.42
Loss from discontinued operations			(0.10)		(0.06)
Net income attributable to the Company		$ 0.27	$ 0.18	$ 0.99	$ 0.36
Computation of Diluted Earnings Per Share
Income from continuing operations attributable to common shareholders		$ 111,969	$ 112,681	$ 406,331	$ 171,152
Loss from discontinued operations attributable to the Company			(38,243)	(75)	(24,606)
Distributions on convertible units		$ 139	721	373	262
Net income attributable to the Company's common shareholders for diluted earnings per share		$ 112,108	$ 75,159	$ 406,629	$ 146,808
Weighted average common shares outstanding - basic		411,317	408,902	411,057	408,636
Effect of dilutive securities (a):
Equity awards	[1]	1,103	2,923	1,281	1,046
Assumed conversion of convertible units		666	1,519	810	727
Shares for diluted earnings per common share		413,086	413,344	413,148	410,409
Diluted Earnings Per Share Attributable to the Company's Common Shareholders:
Income from continuing operations		$ 0.27	$ 0.27	$ 0.98	$ 0.42
Loss from discontinued operations			(0.9)		(0.06)
Net income attributable to the Company		$ 0.27	$ 0.18	$ 0.98	$ 0.36
[1]	For the three and six months ended June 30, 2014, the effect of certain convertible units would have an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversion has not been included in the determination of diluted earnings per share calculations. Additionally, there were 6,802,560 and 8,952,148 stock options that were not dilutive at June 30, 2015 and 2014, respectively.

Interim Financial Statements 38

Interim Financial Statements (Details Textual) - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Interim Financial Statements [Abstract]
Determination of diluted earnings per share calculations	6,802,560	8,952,148

Operating Property Activities39

Operating Property Activities (Details) - Jun. 30, 2015 ft² in Thousands, $ in Thousands		USD ($)ft²
Business Acquisition [Line Items]
Cash*	[1]	$ 581,797
Debt Assumed		658,776
Other		239,369
Total		$ 1,479,942
GLA** | ft²	[2]	5,995
Elmont Plaza [Member]
Business Acquisition [Line Items]
Property Name		Elmont Plaza
Location	[3]	Elmont, NY (1)
Month Acquired		Jan. 15, 2015
Cash*	[1]	$ 2,400
Debt Assumed
Other		$ 3,358
Total		$ 5,758
GLA** | ft²	[2]	13
Garden State Pavilion Parcel [Member]
Business Acquisition [Line Items]
Property Name		Garden State Pavilion Parcel
Location		Cherry Hill, NJ
Month Acquired		Jan. 15, 2015
Cash*	[1]	$ 16,300
Debt Assumed
Other
Total		$ 16,300
GLA** | ft²	[2]	111
Kimstone Portfolio [Member]
Business Acquisition [Line Items]
Property Name		Kimstone Portfolio (39 properties)
Location	[4]	Various (2)
Month Acquired		Feb. 15, 2015
Cash*	[1]	$ 513,513
Debt Assumed		637,976
Other		236,011
Total		$ 1,387,500
GLA** | ft²	[2]	5,631
Copperfield Village [Member]
Business Acquisition [Line Items]
Property Name		Copperfield Village
Location		Houston, TX
Month Acquired		Feb. 15, 2015
Cash*	[1]	$ 18,700
Debt Assumed		$ 20,800
Other
Total		$ 39,500
GLA** | ft²	[2]	165
Snowden Square Parcel [Member]
Business Acquisition [Line Items]
Property Name		Snowden Square Parcel
Location		Columbia, MD
Month Acquired		Mar. 15, 2015
Cash*	[1]	$ 4,868
Debt Assumed
Other
Total		$ 4,868
GLA** | ft²	[2]	25
Dulles Town Crossing Parcel [Member]
Business Acquisition [Line Items]
Property Name		Dulles Town Crossing Parcel
Location		Sterling, VA
Month Acquired		Mar. 15, 2015
Cash*	[1]	$ 4,830
Debt Assumed
Other
Total		$ 4,830
GLA** | ft²	[2]	9
Flagler Park S.C. [Member]
Business Acquisition [Line Items]
Property Name		Flagler Park S.C.
Location		Miami, FL
Month Acquired		Mar. 15, 2015
Cash*	[1]	$ 1,875
Debt Assumed
Other
Total		$ 1,875
GLA** | ft²	[2]	5
West Farms Parcel [Member]
Business Acquisition [Line Items]
Property Name		West Farms Parcel
Location		New Britain, CT
Month Acquired		Apr. 15, 2015
Cash*	[1]	$ 6,200
Debt Assumed
Other
Total		$ 6,200
GLA** | ft²	[2]	24
Milleridge Inn [Member]
Business Acquisition [Line Items]
Property Name		Milleridge Inn
Location		Jericho, NY
Month Acquired		Apr. 15, 2015
Cash*	[1]	$ 7,500
Debt Assumed
Other
Total		$ 7,500
GLA** | ft²	[2]
Woodgrove Festival Parcels [Member]
Business Acquisition [Line Items]
Property Name		Woodgrove Festival Parcels
Location		Woodridge, IL
Month Acquired		Jun. 15, 2015
Cash*	[1]	$ 5,611
Debt Assumed
Other
Total		$ 5,611
GLA** | ft²	[2]	12
[1]	The Company utilized $31.7 million associated with Internal Revenue Code 1031 sales proceeds.
[2]	Gross leasable area ("GLA")
[3]	The Company acquired from its partner the remaining ownership interest in a property that was held in a joint venture in which the Company had a 50.0% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as a result, recognized a loss on change in control of interest of $0.2 million resulting from the fair value adjustment associated with the Company's previously held equity interest, which is reflected in the purchase price above in Other.
[4]	(2)The Company acquired from its partner the remaining ownership interest in 39 properties that were held in a joint venture in which the Company had a 33.3% noncontrolling interest. The Company evaluated this transaction pursuant to the FASB's Consolidation guidance and as a result, recognized a gain on change in control of interest of $140.0 million resulting from the fair value adjustment associated with the Company's previously held equity interest, which is reflected in the purchase price above in Other.

Operating Property Activities40

Operating Property Activities (Details 1) $ in Thousands	Jun. 30, 2015USD ($)
Operating Property Activities [Abstract]
Land	$ 406,252
Buildings	836,417
Above Market Rents	31,659
Below Market Rents	(66,407)
In-Place Leases	148,435
Building Improvements	120,925
Tenant Improvements	21,761
Mortgage Fair Value Adjustment	(21,573)
Other Assets	2,637
Other Liabilities	(164)
Total	$ 1,479,942

Operating Property Activities41

Operating Property Activities (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)propertiesLandparcels	Jun. 30, 2014USD ($)
Operating Property Activities (Textual)
Aggregate purchase price			$ 30,000
Decrease of paid in capital			$ 5,400
Number of land parcels | Landparcels			3
Mortgage debt related to property			$ 16,300
Proceeds used to purchase property			$ 31,700
Number of operating properties disposed			54
Disposal or sale of properties	$ 191,100		$ 191,100
Gain on disposition of assets			58,600
Disposed asset impairment charges			$ 1,300
Number of properties held-for-sale | properties			15
Real estate held-for-sale	34,600		$ 34,600
Net of accumulated depreciation	$ 1,000		1,000
Impairment charge on sale of properties			1,300
Impairment charge on adjustment to carrying value of one property			15,800
Remaining interest in Joint Ventures			30,500
Decrease in noncontroling interest			25,000
Impairment charges of real estate investments			21,900	$ 100,000
Impairment of marketable debt securities			800
Gains on change in control of interests		$ 65,598	139,801	$ 69,343
Real Estate Investment [Member]
Operating Property Activities (Textual)
Impairment charges of real estate investments			$ 4,000
Elmont Plaza [Member]
Operating Property Activities (Textual)
Noncontrolling interest by company	50.00%		50.00%
Loss on change in control of interest			$ 200
Kimstone Portfolio [Member]
Operating Property Activities (Textual)
Number of properties acquired | properties			39
Noncontrolling interest by company	33.30%		33.30%
Gains on change in control of interests			$ 140,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Discontinued operations:
Revenues from rental property		$ 20,478	$ 124	$ 51,028
Rental property expenses		(5,961)	$ (49)	(12,900)
Depreciation and amortization		(5,513)		(11,119)
Provision for doubtful accounts, net		(209)	$ (57)	(746)
Interest expense, net		(388)		(781)
Other expense, net		52	$ (12)	(133)
Income from discontinued operating properties, before income taxes		8,459	6	25,349
Impairment of property carrying value, net, before income taxes		(67,423)	$ (82)	(74,155)
Gain on disposition of operating properties, net, before income taxes		20,952		30,290
Benefit for income taxes, net		584	$ 1	1,339
(Loss)/income from discontinued operating properties		(37,428)	$ (75)	(17,177)
Net income attributable to noncontrolling interests		(815)		(7,429)
Loss from discontinued operations attributable to the Company		$ (38,243)	$ (75)	$ (24,606)

Investments and Advances in R43

Investments and Advances in Real Estate Joint Ventures (Details) ft² in Millions, $ in Millions		Jun. 30, 2015USD ($)ft²properties	Dec. 31, 2014USD ($)ft²properties
Schedule of Equity Method Investments [Line Items]
Number of Properties | properties		282	337
GLA | ft²		44.7	51.8
Gross Real Estate		$ 7,616.8	$ 9,083.4
The Company's Investment		$ 880.3	$ 1,037.2
KimPru and KimPru II [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[1],[2],[3]	15.00%	15.00%
Number of Properties | properties	[1],[2],[3]	59	60
GLA | ft²	[1],[2],[3]	10.3	10.6
Gross Real Estate	[1],[2],[3]	$ 2,687.9	$ 2,728.9
The Company's Investment	[1],[2],[3]	$ 181.2	$ 178.6
Kimco Income Opportunity Portfolio [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2],[4]	48.60%	48.60%
Number of Properties | properties	[2],[4]	51	54
GLA | ft²	[2],[4]	11.1	11.5
Gross Real Estate	[2],[4]	$ 1,456	$ 1,488.2
The Company's Investment	[2],[4]	$ 150.5	$ 152.1
Kimstone [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2],[5]		33.30%
Number of Properties | properties	[2],[5]		39
GLA | ft²	[2],[5]		5.6
Gross Real Estate	[2],[5]		$ 1,098.7
The Company's Investment	[2],[5]		$ 98.1
Big Shopping Centers [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2]	50.10%	50.10%
Number of Properties | properties	[2]	6	6
GLA | ft²	[2]	1	1
Gross Real Estate	[2]	$ 151.6	$ 151.6
The Company's Investment	[2]
CPP [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2]	55.00%	55.00%
Number of Properties | properties	[2]	7	7
GLA | ft²	[2]	2.4	2.4
Gross Real Estate	[2]	$ 512	$ 504
The Company's Investment	[2]	$ 190.7	$ 188.9
SEB Immobilien [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2]	15.00%	15.00%
Number of Properties | properties	[2]	3	3
GLA | ft²	[2]	0.4	0.4
Gross Real Estate	[2]	$ 86	$ 86
The Company's Investment	[2]	$ 2.3	$ 2.5
Other Institutional Programs [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[2]
Number of Properties | properties	[2]	50	50
GLA | ft²	[2]	1.4	1.4
Gross Real Estate	[2]	$ 328	$ 327.8
The Company's Investment	[2]	$ 8.4	$ 8.5
Rio Can [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[6]	50.00%	50.00%
Number of Properties | properties	[6]	42	45
GLA | ft²	[6]	8.8	9.3
Gross Real Estate	[6]	$ 1,032.5	$ 1,205.8
The Company's Investment	[6]	$ 127	$ 159.8
Latin America [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[7]
Number of Properties | properties	[7]	9	13
GLA | ft²	[7]		0.1
Gross Real Estate	[7]	$ 58.8	$ 91.2
The Company's Investment	[7]	$ 15.6	$ 24.4
Other Joint Venture Programs [Member]
Schedule of Equity Method Investments [Line Items]
Ownership Interest	[8],[9]
Number of Properties | properties	[8],[9]	55	60
GLA | ft²	[8],[9]	9.3	9.5
Gross Real Estate	[8],[9]	$ 1,304	$ 1,401.2
The Company's Investment	[8],[9]	$ 204.6	$ 224.3
[1]	During the six months ended June 30, 2015, (i) KimPru II sold an operating property in North Lauderdale, FL for a sales price of $23.2 million and recognized a loss of $0.6 million, of which the Company's share of this loss was $0.1 million and (ii) KimPru recognized impairment charges related to the pending disposition of four operating properties, of which the Company's share of these impairment charges was $1.1 million.
[2]	The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees.
[3]	This venture represents four separate joint ventures, with four separate accounts managed by Prudential Real Estate Investors ("PREI"), three of these ventures are collectively referred to as KimPru and the remaining venture is referred to as KimPru II.
[4]	During the six months ended June 30, 2015, KIR sold three operating properties for a sales price of $48.0 million and recognized a net gain of $19.4 million. The Company's share of this net gain was $8.2 million.
[5]	During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt.
[6]	During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction.
[7]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized aggregate impairment charges of $2.6 million relating to the pending sale of various land parcels. The Company's share of these impairment charges was $1.3 million. The Company sold its noncontrolling interest in these nine parcels and two operating properties located throughout Mexico for a sales price of $7.2 million during the six months ended June 30, 2015. The Company recognized a gain upon final sale of $0.3 million, before income taxes, associated with the transaction.
[8]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction.
[9]	During the six months ended June 30, 2015, the Company acquired one property from a joint venture in which the Company had a noncontrolling interest for a total sales price of $5.8 million.

Investments and Advances in R44

Investments and Advances in Real Estate Joint Ventures (Details 1) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]
Total		$ 22.4	$ 45	$ 119.9	$ 98.3
KimPru and KimPru II [Member]
Schedule of Equity Method Investments [Line Items]
Total	[1]	2.4	2.5	3.6	5.1
KIR [Member]
Schedule of Equity Method Investments [Line Items]
Total	[2],[3]	$ 15.6	6.2	23.1	13
Kimstone [Member]
Schedule of Equity Method Investments [Line Items]
Total	[4]		0.8	0.7	(0.7)
BIG Shopping Centers [Member]
Schedule of Equity Method Investments [Line Items]
Total		$ 0.1	0.9	0.1	1.6
CPP [Member]
Schedule of Equity Method Investments [Line Items]
Total		2.4	1.6	4.9	3.1
SEB Immobilien [Member]
Schedule of Equity Method Investments [Line Items]
Total		0.1	0.2	0.2	0.5
Other Institutional Programs [Member]
Schedule of Equity Method Investments [Line Items]
Total		0.1	0.1	0.1	1
RioCan [Member]
Schedule of Equity Method Investments [Line Items]
Total	[5]	6.3	7.6	66.9	15.3
Latin America [Member]
Schedule of Equity Method Investments [Line Items]
Total	[6],[7]	(0.1)	3	(1.2)	34.1
Other Joint Venture Programs [Member]
Schedule of Equity Method Investments [Line Items]
Total	[8],[9],[10],[11]	$ (4.5)	$ 22.1	$ 21.5	$ 25.3
[1]	During the six months ended June 30, 2015, (i) KimPru II sold an operating property in North Lauderdale, FL for a sales price of $23.2 million and recognized a loss of $0.6 million, of which the Company's share of this loss was $0.1 million and (ii) KimPru recognized impairment charges related to the pending disposition of four operating properties, of which the Company's share of these impairment charges was $1.1 million.
[2]	During the six months ended June 30, 2014, KIR recognized aggregate impairment charges of $4.0 million related to two properties which KIR anticipates selling within the next 18 months. KIR effectively shortened its anticipated hold period for these assets which resulted in the expected future cash flows being less than the carrying value. The Company's share of these impairment charges was $2.3 million.
[3]	During the six months ended June 30, 2015, KIR sold three operating properties for a sales price of $48.0 million and recognized a net gain of $19.4 million. The Company's share of this net gain was $8.2 million.
[4]	During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt.
[5]	During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction.
[6]	During the six months ended June 30, 2014, the Company sold its noncontrolling interest in nine operating properties located throughout Mexico for a sales price of $175.0 million. The Company recognized a gain of $30.7 million, before income taxes, associated with the transaction.
[7]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized aggregate impairment charges of $2.6 million relating to the pending sale of various land parcels. The Company's share of these impairment charges was $1.3 million. The Company sold its noncontrolling interest in these nine parcels and two operating properties located throughout Mexico for a sales price of $7.2 million during the six months ended June 30, 2015. The Company recognized a gain upon final sale of $0.3 million, before income taxes, associated with the transaction.
[8]	During June 2013, the Intown portfolio was sold and the Company maintained its guarantee on a portion of debt that was assumed by the buyer at closing. The transaction resulted in a deferred gain to the Company of $21.7 million due to the Company's continued involvement through its guarantee of the debt. On February 24, 2015, the outstanding debt balance was fully repaid by the buyer and as such, the Company was relieved of its related commitments and guarantee. As a result, the Company recognized the deferred gain of $21.7 million during the six months ended June 30, 2015.
[9]	During the six months ended June 30, 2014, a joint venture in which the Company holds a noncontrolling interest sold eight operating properties for an aggregate sales price of $98.4 million and recognized an aggregate gain of $33.7 million. The Company's share of this gain was $17.7 million.
[10]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest recognized an impairment charge relating to the pending sale of a property. The Company's share of this impairment charge was $4.1 million, before income tax benefit.
[11]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction.

Investments and Advances in R45

Investments and Advances in Real Estate Joint Ventures (Details 2) - USD ($) $ in Millions		6 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 3,629	$ 4,573.9
KimPru and KimPru II [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 861.3	$ 920
Weighted Average Interest Rate		5.54%	5.53%
Weighted Average Remaining Term	[1]	18 months	23 months
KIR [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 808.2	$ 860.7
Weighted Average Interest Rate		4.81%	5.04%
Weighted Average Remaining Term	[1]	67 months 15 days	61 months 27 days
Kimstone [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable			$ 701.3
Weighted Average Interest Rate			4.45%
Weighted Average Remaining Term	[1]		28 months 21 days
BIG Shopping Centers [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 145.1	$ 144.6
Weighted Average Interest Rate		5.45%	5.52%
Weighted Average Remaining Term	[1]	16 months 3 days	22 months
CPP [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 111	$ 112
Weighted Average Interest Rate		5.14%	5.05%
Weighted Average Remaining Term	[1]	9 months 15 days	10 months 3 days
SEB Immobilien [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 50.1	$ 50
Weighted Average Interest Rate		4.06%	4.06%
Weighted Average Remaining Term	[1]	29 months 21 days	35 months 21 days
Other Institutional Programs [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 222.3	$ 222.9
Weighted Average Interest Rate		5.47%	5.47%
Weighted Average Remaining Term	[1]	14 months 27 days	20 months 24 days
RioCan [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 555.2	$ 640.5
Weighted Average Interest Rate		4.23%	4.29%
Weighted Average Remaining Term	[1]	34 months 12 days	39 months 27 days
Other Joint Venture Programs [Member]
Schedule of Equity Method Investments [Line Items]
Mortgages and Notes Payable		$ 875.8	$ 921.9
Weighted Average Interest Rate		5.33%	5.31%
Weighted Average Remaining Term	[1]	51 months 15 days	58 months 18 days
[1]	Average Remaining Term includes extension options.

Investments and Advances in R46

Investments and Advances in Real Estate Joint Ventures (Details Textual) $ in Thousands, CAD in Millions		6 Months Ended
		Jun. 30, 2015USD ($)propertiesNumber	Jun. 30, 2015CADNumber	Jun. 30, 2014USD ($)	Dec. 31, 2014properties
Investments And Advances In Real Estate Joint Ventures (Textual )
Recognized gain (loss) on sale of property		$ 21,700
Number of real estate properties | properties		282			337
Business combination, consideration transferred		$ 1,479,942
Impairment charges of real estate		21,900		$ 100,000
Real Estate Investment [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Impairment charges of real estate		4,000
Mexico [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price		7,200
Recognized gain (loss) on sale of property		500
Impairment charges of real estate		2,600
Mexico [Member] | Parent Company [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price				175,000
Recognized gain (loss) on sale of property				30,700
Impairment charges of real estate		$ 1,300
KimPru and KimPru II [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Number of joint ventures | Number		4	4
Number of accounts | Number		4	4
Kimpru [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Number of joint ventures | Number		3	3
Impairment charges of real estate		$ 1,100
Kimpru [Member] | Parent Company [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Recognized gain (loss) on sale of property		(100)
Kimpru Two [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price		23,200
Recognized gain (loss) on sale of property		(600)
KIR [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price		48,000
Recognized gain (loss) on sale of property		19,400
Impairment charges of real estate				2,300
KIR [Member] | Real Estate Investment [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Impairment charges of real estate				4,000
KIR [Member] | Parent Company [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Recognized gain (loss) on sale of property		$ 8,200
Sold [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price				98,400
Recognized gain (loss) on sale of property				33,700
Kimstone [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Business acquisition, percentage of voting Interests acquired		66.70%
Number of real estate properties | properties	[1],[2]				39
Business combination, consideration transferred		$ 1,400,000
Business combination		$ 638,000
Ownership Interest	[1],[2]				33.30%
RioCan
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price		$ 190,700	CAD 238.1
Number of real estate properties | properties	[3]	42			45
Ownership Interest	[3]	50.00%			50.00%
RioCan | Parent Company [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Recognized gain (loss) on sale of property		$ 53,500
Other Joint Venture Programs [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Sale price		$ 21,100
Number of real estate properties | properties	[4],[5]	55			60
Ownership Interest	[4],[5]
Joint Venture [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Business combination, consideration transferred		$ 5,800
Joint Venture [Member] | Parent Company [Member]
Investments And Advances In Real Estate Joint Ventures (Textual )
Recognized gain (loss) on sale of property		(100)		$ 17,700
Impairment charges of real estate		$ 4,100
[1]	During the six months ended June 30, 2015, the Company purchased the remaining 66.7% interest in the 39-property Kimstone portfolio from Blackstone for a gross purchase price of $1.4 billion, including the assumption of $638.0 million in mortgage debt.
[2]	The Company manages these joint venture investments and, where applicable, earns acquisition fees, leasing commissions, property management fees, asset management fees and construction management fees.
[3]	During the six months ended June 30, 2015, the Company sold its noncontrolling interest in three properties and a land parcel to its partner, RioCan, for a total sales price of CAD $238.1 million (USD $190.7 million). The Company recognized a gain of $53.5 million, before income taxes, associated with the transaction.
[4]	During the six months ended June 30, 2015, a joint venture in which the Company holds a noncontrolling interest sold an operating property for an aggregate sales price of $21.1 million. The Company recognized a loss of $0.1 million, before income taxes, associated with the transaction.
[5]	During the six months ended June 30, 2015, the Company acquired one property from a joint venture in which the Company had a noncontrolling interest for a total sales price of $5.8 million.

Other Real Estate Investments47

Other Real Estate Investments and Other Assets (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)properties	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)properties
Other Real Estate Investments and Other Assets (Textual)
Investment amount of real estate	$ 6,366
Properties of real estate | properties	282		337
Consolidated joint venture	$ 57,148	$ 46,644
Mortgage debt	1,768,827		$ 1,424,228
Real estate held-for-sale	34,600
Preferred Equity Investments [Member]
Other Real Estate Investments and Other Assets (Textual)
Investment amount of real estate	$ 224,400
Properties of real estate | properties	436
Amount earened from capital transaction	$ 10,900	13,100
Mortgage debt	16,300
Real estate held-for-sale	18,700
Preferred Equity Investments [Member] | Two Capital Transaction [Member]
Other Real Estate Investments and Other Assets (Textual)
Amount earened from capital transaction	$ 1,000
Preferred Equity Investments [Member] | One Capital Transaction [Member]
Other Real Estate Investments and Other Assets (Textual)
Amount earened from capital transaction		$ 3,700
Preferred Equity Investments [Member] | Leased Properties [Member]
Other Real Estate Investments and Other Assets (Textual)
Properties of real estate | properties	385
ABS Venture [Member]
Other Real Estate Investments and Other Assets (Textual)
Contribution amount by company	$ 85,300
ABS Venture [Member] | Two Partners [Member]
Other Real Estate Investments and Other Assets (Textual)
Consolidated joint venture	$ 105,000
AB Acquisition [Member]
Other Real Estate Investments and Other Assets (Textual)
Combined interest of ventures	9.80%
AB Acquisition [Member] | ABS Venture [Member]
Other Real Estate Investments and Other Assets (Textual)
Combined interest of ventures	14.35%
Safeway [Member]
Other Real Estate Investments and Other Assets (Textual)
Noncontrolling interest	$ 65,000
Increase in Paid-in capital	24,000
Deferred tax net	16,000
Safeway [Member] | Other Assets [Member]
Other Real Estate Investments and Other Assets (Textual)
Cost method of accounting	$ 190,300
Leveraged Lease [Member]
Other Real Estate Investments and Other Assets (Textual)
Properties of real estate | properties	11
Amount earened from capital transaction	$ 2,100
Equity method investment ownership percentage	90.00%
Mortgage debt	$ 11,200
leveraged lease interest for a gross sales price	22,000
Colony [Member]
Other Real Estate Investments and Other Assets (Textual)
Contribution amount by company	$ 100,000
Combined interest of ventures	4.30%

Variable Interest Entities ("48

Variable Interest Entities ("VIE") (Details) - Jun. 30, 2015 - USD ($) $ in Millions	Total
Variable Interest Entity, Primary Beneficiary [Member] | Consolidated Ground-Up Development Projects [Member]
Variable Interest Entity [Line Items]
Total assets of ground-up development VIE	$ 77.8
Total liabilities of this ground-up development VIE	0.3
Costs to be funded for ground-up development VIE	32.8
Variable Interest Entity, Not Primary Beneficiary [Member] | Unconsolidated Ground Up Development [Member]
Variable Interest Entity [Line Items]
Investment in VIE	38.3
Maximum exposure to loss with VIE	38.3
Variable Interest Entity, Not Primary Beneficiary [Member] | Unconsolidated Redevelopment Investment [Member]
Variable Interest Entity [Line Items]
Costs to be funded for ground-up development VIE	(7.4)
Maximum exposure to loss with VIE	$ 7.4

Mortgages and Other Financing49

Mortgages and Other Financing Receivables (Details) - Jun. 30, 2015 $ in Millions	USD ($)loans
Mortgages and other financing receivables (Textual)
Total number of loans | loans	14
Percentage of interest rate minimum	3.25%
Percentage of interest rate maximum	7.00%
Performing Financial Instruments [Member]
Mortgages and other financing receivables (Textual)
Total performing loans	$ 23
Aggregate outstanding balance	$ 49.9

Marketable Securities and Oth50

Marketable Securities and Other Investments (Details) - USD ($) $ in Thousands, shares in Millions	1 Months Ended	3 Months Ended	6 Months Ended
	Apr. 30, 2015	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Marketable Securities and Other Investments (Textual)
Marketable securities		$ 24,251	$ 24,251		$ 90,235
Aggregate unrealized gain		7,700	7,700
Sale of common stock aggregate price			$ 59,318	$ 219
Subsequent Event [Member] | Supervalu Inc. [Member]
Marketable Securities and Other Investments (Textual)
Number of shares sold	6.4
Sale of common stock aggregate price	$ 58,600
Marketable securities, realized gain		$ 32,400

Notes and Mortgages Payable (De

Notes and Mortgages Payable (Details) $ in Thousands	1 Months Ended		6 Months Ended
	Mar. 31, 2015USD ($)	Jan. 31, 2015USD ($)	Jun. 30, 2015USD ($)properties	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)properties
Notes and mortgages payable (Textual)
Senior unsecured notes repaid			$ 500,000	$ 294,570
Number of operating properties | properties			282		337
Operating Properties [Member]
Notes and mortgages payable (Textual)
Number of operating properties | properties			34
Notes Payable [Member]
Notes and mortgages payable (Textual)
Unamortized debt issuance costs			$ 27,200		$ 20,400
Mortgages Payable [Member]
Notes and mortgages payable (Textual)
Unamortized debt issuance costs			3,400		$ 3,900
Repayment of mortgage debt			308,900
Non-recourse mortgage debt			680,400
Fair value debt adjustments, mortgages			$ 21,600
Number of operating properties | properties			34
Term Loan [Member]
Notes and mortgages payable (Textual)
Unsecured term loan		$ 650,000
Debt instrument, interest rate			1.13%
Repayment of term loan amount			$ 400,000
Maturity date		Jan. 31, 2017
Description of accrued interest at spread to LIBOR		Accrues interest at a spread (currently 95 basis points) to LIBOR.
Senior Notes [Member]
Notes and mortgages payable (Textual)
Unsecured term loan			$ 350,000
Debt instrument, interest rate	4.25%		4.904%
Maturity date	Apr. 30, 2045
Senior unsecured notes, term	30 years
Proceeds from issuance of senior long-term debt	$ 342,700
Senior unsecured notes repaid			$ 100,000

Redeemable Noncontrolling Int52

Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Redeemable Noncontrolling Interests [Abstract]
Redeemable noncontrolling interests begining balance	$ 91,480	$ 86,153
Issuance of redeemable partnership interests		4,943
Fair market value adjustment, net		225
Other	$ (14)	42
Redeemable noncontrolling interests ending balance	$ 91,466	$ 91,363

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Fair Value Measurements [Abstract]
Marketable securities (1)		$ 24,251	$ 90,235
Marketable securities, Estimated Fair Value	[1]	24,305	90,035
Notes payable (2)		3,768,945	3,171,742
Notes payable, Estimated Fair Value	[2]	3,850,948	3,313,936
Mortgages payable (3)		1,768,827	1,424,228
Mortgages payable, Estimated Fair Value	[3]	$ 1,815,721	$ 1,481,138
[1]	As of June 30, 2015 and December 31, 2014, the Company determined that $22.5 million and $87.7 million, respectively, of the Marketable securities estimated fair value were classified within Level 1 of the fair value hierarchy and the remaining $1.8 million and $2.3 million, respectively, were classified within Level 3 of the fair value hierarchy.
[2]	The Company determined that its valuation of Notes payable was classified within Level 2 of the fair value hierarchy.
[3]	The Company determined that its valuation of Mortgages payable was classified within Level 3 of the fair value hierarchy.

Fair Value Measurements (Deta54

Fair Value Measurements (Details 1) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Assets:
Marketable equity securities		$ 22,541	$ 87,659
Liabilities:
Interest rate swaps	[1]	1,349	1,404
Fair Value Measurements, Recurring [Member] | Level 1 [Member]
Assets:
Marketable equity securities		$ 22,541	$ 87,659
Liabilities:
Interest rate swaps	[1]
Fair Value Measurements, Recurring [Member] | Level 2 [Member]
Assets:
Marketable equity securities
Liabilities:
Interest rate swaps	[1]	$ 1,349	$ 1,404
Fair Value Measurements, Recurring [Member] | Level 3 [Member]
Assets:
Marketable equity securities
Liabilities:
Interest rate swaps	[1]
[1]	Included in Other liabilities on the Company's Condensed Consolidated Balance Sheets

Fair Value Measurements (Deta55

Fair Value Measurements (Details 2) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate	$ 16,083	$ 80,270
Other real estate investments	$ 6,366
Fair Value Measurements, Nonrecurring [Member] | Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate
Other real estate investments
Fair Value Measurements, Nonrecurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate
Other real estate investments
Fair Value Measurements, Nonrecurring [Member] | Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Real estate	$ 16,083	$ 80,270
Other real estate investments	$ 6,366

Fair Value Measurements (Deta56

Fair Value Measurements (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Fair value measurements (Textual)
Marketable securities	$ 24,251		$ 90,235
Total impairment charges related to adjustments to property carrying values	21,900	$ 100,000
Impairment charges before noncontrolling interests and income taxes, is included in discontinued operations	100	74,200
Impairment charge on adjustment to property carrying value	17,100	97,800
Impairment of marketable debt securities	800
Impairment Related To Cost Method Investment		$ 2,200
Impairment of other real estate	4,000
Level 1 [Member]
Fair value measurements (Textual)
Marketable securities	22,500		87,700
Level 3 [Member]
Fair value measurements (Textual)
Marketable securities	$ 1,800		$ 2,300

Preferred Stock (Details)

Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Shares Authorized	5,959,100	5,959,100
Shares Issued and Outstanding	102,000	102,000
Liquidation Preference	$ 975,000	$ 975,000
Par Value	$ 1	$ 1
Preferred Stock [Member]
Class of Stock [Line Items]
Shares Authorized	105,450	105,450
Shares Issued and Outstanding	102,000	102,000
Liquidation Preference	$ 975,000	$ 975,000
Series H Preferred Stock [Member]
Class of Stock [Line Items]
Shares Authorized	70,000	70,000
Shares Issued and Outstanding	70,000	70,000
Liquidation Preference	$ 175,000	$ 175,000
Dividend Rate	6.90%	6.90%
Annual Dividend per Depositary Share	$ 1.72500	$ 1.72500
Par Value	$ 1	$ 1
Series I Preferred Stock [Member]
Class of Stock [Line Items]
Shares Authorized	18,400	18,400
Shares Issued and Outstanding	16,000	16,000
Liquidation Preference	$ 400,000	$ 400,000
Dividend Rate	6.00%	6.00%
Annual Dividend per Depositary Share	$ 1.50000	$ 1.50000
Par Value	$ 1	$ 1
Series J Preferred Stock [Member]
Class of Stock [Line Items]
Shares Authorized	9,000	9,000
Shares Issued and Outstanding	9,000	9,000
Liquidation Preference	$ 225,000	$ 225,000
Dividend Rate	5.50%	5.50%
Annual Dividend per Depositary Share	$ 1.37500	$ 1.37500
Par Value	$ 1	$ 1
Series K Preferred Stock [Member]
Class of Stock [Line Items]
Shares Authorized	8,050	8,050
Shares Issued and Outstanding	7,000	7,000
Liquidation Preference	$ 175,000	$ 175,000
Dividend Rate	5.625%	5.625%
Annual Dividend per Depositary Share	$ 1.40625	$ 1.40625
Par Value	$ 1	$ 1

Supplemental Schedule of Non-58

Supplemental Schedule of Non-Cash Investing / Financing Activities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Supplemental Schedule of Non-Cash Investing / Financing Activities [Abstract]
Acquisition of real estate interests by assumption of mortgage debt	$ 20,800	$ 210,232
Acquisition of real estate interests by issuance of redeemable units/partnership interest		6,122
Acquisition of real estate interests through proceeds held in escrow	$ 31,738	14,884
Proceeds held in escrow through sale of real estate interests	14,335	14,352
Issuance of restricted common stock	488	11,451
Surrender of restricted common stock	(5,292)	(3,729)
Declaration of dividends paid in succeeding period	111,455	104,786
Consolidation of Joint Ventures:
Increase in real estate and other assets	916,167	303,374
Increase in mortgages payable	$ 653,720	$ 180,279

Incentive Plans (Details)

Incentive Plans (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Incentive Plans (Textual)
Equity award expense	$ 12,154	$ 11,216
Unrecognized compensation cost	$ 34,200
Weighted average period	2 years 10 months 24 days
Share-based Compensation, descriptions	Restricted stock grants generally vest (i) 100% on the fourth or fifth anniversary of the grant, (ii) ratably over three or four years or (iii) over ten years at 20% per year commencing after the fifth year.
Minimum [Member]
Incentive Plans (Textual)
Stock option vesting period	3 years
Minimum [Member] | Performance Shares [Member]
Incentive Plans (Textual)
Stock option vesting period	1 year
Maximum [Member]
Incentive Plans (Textual)
Stock option vesting period	5 years
Maximum [Member] | Performance Shares [Member]
Incentive Plans (Textual)
Stock option vesting period	3 years
Prior Plan [Member]
Incentive Plans (Textual)
Common stock issued under incentive plans	47,000,000
2010 Plan [Member]
Incentive Plans (Textual)
Common stock issued under incentive plans	10,000,000

Accumulated Other Comprehensi60

Accumulated Other Comprehensive Income ("AOCI") (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2015		Jun. 30, 2014
Components of accumulated other comprehensive income
Begining Balance		$ 45,122		$ (64,982)
Other comprehensive income before reclassifications		(14,593)		$ 5,390
Amounts reclassified from AOCI		(32,435)	[1]
Net current-period other comprehensive income		(47,028)		$ 5,390
Ending Balance		(1,906)		(59,592)
Foreign Currency Translation Adjustments [Member]
Components of accumulated other comprehensive income
Begining Balance		329		(90,977)
Other comprehensive income before reclassifications		$ (8,536)		$ (2,721)
Amounts reclassified from AOCI
Net current-period other comprehensive income		$ (8,536)		$ (2,721)
Ending Balance		(8,207)		(93,698)
Unrealized Gains on Available-for- Sale Investments [Member]
Components of accumulated other comprehensive income
Begining Balance		46,197		25,995
Other comprehensive income before reclassifications		(6,112)		$ 8,111
Amounts reclassified from AOCI		(32,435)	[1]
Net current-period other comprehensive income		(38,547)		$ 8,111
Ending Balance		7,650		$ 34,106
Unrealized Gain/(Loss) on Interest Rate Swaps [Member]
Components of accumulated other comprehensive income
Begining Balance		(1,404)
Other comprehensive income before reclassifications		$ 55
Amounts reclassified from AOCI	[1]
Net current-period other comprehensive income		$ 55
Ending Balance		$ (1,349)
[1]	Amounts reclassified to Interest, dividends and other investment income on the Company's Condensed Consolidated Statements of Income.

Accumulated Other Comprehensi61

Accumulated Other Comprehensive Income ("AOCI") (Details Textual) $ in Millions	Jun. 30, 2015USD ($)
CANADA [Member]
Unrealized cumulative foreign currency translation adjustment and investments	$ 7.9
CHILE [Member]
Unrealized cumulative foreign currency translation adjustment and investments	(16.1)
Canada and Chile [Member]
Unrealized cumulative foreign currency translation adjustment and investments	$ (8.2)

Pro Forma Financial Informati62

Pro Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Pro forma financial information is presented
Revenues from rental property	$ 568.2	$ 566.9
Net income	364	215.8
Net income available to the Company's common shareholders	$ 331.9	$ 181.9
Net income available to the Company's common shareholders per common share:
Basic	$ 0.81	$ 0.44
Diluted	$ 0.80	$ 0.44