Kimco Realty (KIM) 10-Q 28 Jul 17 2017 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 17, 2017
Document Information [Line Items]
Entity Registrant Name	KIMCO REALTY CORP
Entity Central Index Key	879,101
Trading Symbol	kim
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock, Shares Outstanding (in shares)		425,636,328
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Assets:
Operating real estate, net of accumulated depreciation of $2,398,558 and $2,278,292 respectively		$ 9,543,381	$ 9,394,755
Investments in and advances to real estate joint ventures		506,449	504,209
Real estate under development		418,612	335,028
Other real estate investments		210,246	209,146
Mortgages and other financing receivables		22,495	23,197
Cash and cash equivalents		143,099	142,486
Marketable securities		14,487	8,101
Accounts and notes receivable, net		176,907	181,823
Other assets		522,644	431,855
Total assets (1)	[1]	11,558,320	11,230,600
Liabilities:
Notes payable, net		4,520,055	3,927,251
Mortgages payable, net		870,125	1,139,117
Declaration of dividends paid in succeeding period		124,679	124,517
Other liabilities		521,797	549,888
Total liabilities (2)	[2]	6,036,656	5,740,773
Redeemable noncontrolling interests		96,062	86,953
Commitments and Contingencies
Stockholders' equity:
Preferred stock, $1.00 par value, authorized 6,029,100 shares 32,000 shares issued and outstanding (in series) Aggregate liquidation preference $800,000		32	32
Common stock, $.01 par value, authorized 750,000,000 shares issued and outstanding 425,637,458 and 425,034,113 shares, respectively		4,256	4,250
Paid-in capital		5,930,633	5,922,958
Cumulative distributions in excess of net income		(709,671)	(676,867)
Accumulated other comprehensive income		6,073	5,766
Total stockholders' equity		5,231,323	5,256,139
Noncontrolling interests		194,279	146,735
Total equity		5,425,602	5,402,874
Total liabilities and equity		$ 11,558,320	$ 11,230,600
[1]	Includes restricted assets of consolidated variable interest entities ("VIEs") at June 30, 2017 and December 31, 2016 of $654,588 and $333,705, respectively. See Footnote 6 of the Notes to Condensed Consolidated Financial Statements.
[2]	Includes non-recourse liabilities of consolidated VIEs at June 30, 2017 and December 31, 2016 of $406,909 and $176,216, respectively. See Footnote 6 of the Notes to Condensed Consolidated Financial Statements.

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Operating real estate, accumulated depreciation	$ 2,398,558,000	$ 2,278,292,000
Assets of Consolidated Variable Interest Entities	654,588,000	333,705,000
Liabilities of Consolidated Variable Interest Entities	$ 406,909,000	$ 176,216,000
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	6,029,100	6,029,100
Preferred stock, shares issued (in shares)	32,000	32,000
Preferred stock, shares outstanding (in shares)	32,000	32,000
Preferred stock, aggregate liquidation preference	$ 800,000	$ 800,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	425,637,458	425,034,113
Common stock, shares outstanding (in shares)	425,637,458	425,034,113

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues
Revenues from rental properties	$ 292,843	$ 287,115	$ 582,234	$ 580,206
Management and other fee income	4,333	4,373	8,530	8,484
Total revenues	297,176	291,488	590,764	588,690
Operating expenses
Rent	2,765	2,728	5,548	5,546
Real estate taxes	38,747	35,791	77,016	70,263
Operating and maintenance	35,435	33,223	69,665	67,776
General and administrative	27,233	29,928	57,807	61,857
Provision for doubtful accounts	2,096	1,185	3,500	4,660
Impairment charges			31,336	58,053
Depreciation and amortization	95,270	82,753	187,344	167,609
Total operating expenses	231,265	237,821	432,216	435,764
Operating income	65,911	53,667	158,548	152,926
Other income/(expense)
Other income/(expense), net	1,439	(1,012)	2,712	(1,182)
Interest expense	(46,090)	(50,479)	(92,572)	(102,930)
Income from continuing operations before income taxes, net, equity in income of joint ventures, net, gain on change in control of interests and equity in income from other real estate investments, net	21,260	2,176	68,688	48,814
Benefit/(provision) for income taxes, net	1,034	246	1,527	(11,866)
Gain on change in control of interests	60,972	46,512	71,160	46,512
Equity in income of joint ventures, net	13,200	108,700	27,902	178,618
Income from continuing operations	134,791	165,578	211,320	280,836
Gain on sale of operating properties, net of tax	19,883	39,268	21,569	66,164
Net income	154,674	204,846	232,889	347,000
Net income attributable to noncontrolling interests	(11,258)	(1,437)	(12,740)	(2,878)
Net income attributable to the Company	143,416	203,409	220,149	344,122
Preferred stock dividends	(11,555)	(11,555)	(23,110)	(23,110)
Net income available to the Company's common shareholders	$ 131,861	$ 191,854	$ 197,039	$ 321,012
Net income available to the Company:
-Basic (in dollars per share)	$ 0.31	$ 0.46	$ 0.46	$ 0.77
-Diluted (in dollars per share)	$ 0.31	$ 0.46	$ 0.46	$ 0.77
Weighted average shares:
-Basic (in shares)	423,650	417,748	423,516	415,189
-Diluted (in shares)	424,944	419,302	424,084	416,732
Joint Ventures [Member]
Other income/(expense)
Equity in income of joint ventures, net	$ 13,169	$ 108,685	$ 27,902	$ 178,618
Other Real Estate Investments [Member]
Other income/(expense)
Equity in income of joint ventures, net	38,356	7,959	42,043	18,758
Continuing Operations [Member]
Operating expenses
Impairment charges	$ 29,719	$ 52,213	$ 31,336	$ 58,053

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income	$ 154,674	$ 204,846	$ 232,889	$ 347,000
Other comprehensive income:
Change in unrealized loss/gain on marketable securities	(1,647)	(35)	(1,619)	(33)
Change in unrealized loss on interest rate swaps	17	(155)	205	(759)
Change in foreign currency translation adjustment	1,218	(156)	1,721	2,354
Other comprehensive income:	(412)	(346)	307	1,562
Comprehensive income	154,262	204,500	233,196	348,562
Comprehensive income attributable to noncontrolling interests	(11,258)	(1,437)	(12,740)	(2,878)
Comprehensive income attributable to the Company	$ 143,004	$ 203,063	$ 220,456	$ 345,684

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($) $ in Thousands	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Dividends	$ (237,135)					$ (237,135)		$ (237,135)
Distributions to noncontrolling interests							(6,299)	(6,299)
Issuance of common stock (in shares)				5,839
Issuance of common stock				$ 59	139,068	139,127		139,127
Surrender of restricted stock (in shares)				(251)
Surrender of restricted stock				$ (3)	(6,439)	(6,442)		(6,442)
Exercise of common stock options (in shares)				979
Exercise of common stock options				$ 10	17,462	17,472		17,472
Amortization of equity awards					9,121	9,121		9,121
Balance at the end of the year at Jun. 30, 2016	(465,348)	7,150	$ 32	$ 4,200	5,768,093	5,314,127	130,558	5,444,685
Balance at the beginning of the year (in shares) at Dec. 31, 2015			32	413,431
Balance at the beginning of the year at Dec. 31, 2015	(572,335)	5,588	$ 32	$ 4,134	5,608,881	5,046,300	135,651	5,181,951
Contributions/deemed contributions from noncontrolling interests							475	475
Comprehensive income:
Net income	344,122					344,122	2,878	347,000
Other comprehensive income, net of tax:
Change in unrealized loss/gain on marketable securities		(33)				(33)		(33)
Change in unrealized loss on interest rate swaps		(759)				(759)		(759)
Change in foreign currency translation adjustment		2,354				2,354		2,354
Redeemable noncontrolling interests income							(2,147)	(2,147)
Balance at the end of the year (in shares) at Jun. 30, 2016			32	419,998
Dividends	(252,953)					(252,953)		(252,953)
Distributions to noncontrolling interests							(12,691)	(12,691)
Issuance of common stock (in shares)				776
Issuance of common stock				$ 8	(8)
Surrender of restricted stock (in shares)				(224)
Surrender of restricted stock				$ (2)	(5,322)	(5,324)		(5,324)
Exercise of common stock options (in shares)				51
Exercise of common stock options					973	973		973
Amortization of equity awards					12,032	12,032		12,032
Balance at the end of the year at Jun. 30, 2017	(709,671)	6,073	$ 32	$ 4,256	5,930,633	5,231,323	194,279	5,425,602
Balance at the beginning of the year (in shares) at Dec. 31, 2016			32	425,034
Balance at the beginning of the year at Dec. 31, 2016	(676,867)	5,766	$ 32	$ 4,250	$ 5,922,958	5,256,139	146,735	5,402,874
Contributions/deemed contributions from noncontrolling interests							48,604	48,604
Comprehensive income:
Net income	$ 220,149					220,149	12,740	232,889
Other comprehensive income, net of tax:
Change in unrealized loss/gain on marketable securities		(1,619)				(1,619)		(1,619)
Change in unrealized loss on interest rate swaps		205				205		205
Change in foreign currency translation adjustment		$ 1,721				$ 1,721		1,721
Redeemable noncontrolling interests income							$ (1,109)	$ (1,109)
Balance at the end of the year (in shares) at Jun. 30, 2017			32	425,637

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flow from operating activities:
Net income	$ 232,889	$ 347,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	187,344	167,609
Impairment charges	31,336	58,053
Equity award expense	13,775	11,552
Gain on sale of operating properties	(21,569)	(72,101)
Gain on change in control of interests	(71,160)	(46,512)
Equity in income of joint ventures, net	(27,902)	(178,618)
Equity in income from other real estate investments, net	(42,043)	(18,758)
Distributions from joint ventures and other real estate investments	27,678	54,029
Change in accounts and notes receivable	4,916	2,551
Change in accounts payable and accrued expenses	(10,506)	(4,697)
Change in Canadian withholding tax receivable	(507)	(66,911)
Change in other operating assets and liabilities	(24,217)	(37,350)
Net cash flow provided by operating activities	300,034	215,847
Cash flow from investing activities:
Acquisition of operating real estate and other related net assets	(56,036)	(95,801)
Improvements to operating real estate	(81,280)	(70,333)
Acquisition of real estate under development	(10,010)	(50,778)
Improvements to real estate under development	(91,729)	(18,448)
Investment in marketable securities	(9,822)	(1,325)
Proceeds from sale of marketable securities	1,846	1,850
Investments in and advances to real estate joint ventures	(22,704)	(26,160)
Reimbursements of investments in and advances to real estate joint ventures	15,793	56,431
Distributions from liquidation of real estate joint ventures		136,005
Return of investment from liquidation of real estate joint ventures		149,296
Investment in other real estate investments	(569)	(233)
Reimbursements of investments and advances to other real estate investments	39,751	10,475
Collection of mortgage loans receivable	514	461
Reimbursements of other investments		500
Proceeds from sale of operating properties	66,803	214,858
Proceeds from sale of development properties		4,551
Net cash flow (used for)/provided by investing activities	(147,443)	311,349
Cash flow from financing activities:
Principal payments on debt, excluding normal amortization of rental property debt	(463,572)	(233,303)
Principal payments on rental property debt	(8,129)	(10,380)
Proceeds from unsecured revolving credit facility, net	449,958	100,019
Proceeds from issuance of unsecured notes	400,000	150,000
Repayments under unsecured term loan/notes	(250,000)	(300,000)
Financing origination costs	(14,936)	(4,697)
Payment of early extinguishment of debt charges	(708)
Change in tenants' security deposits	640	963
Contributions from noncontrolling interests	1,284
Conversion/distribution of noncontrolling interests	(14,695)	(2,572)
Dividends paid	(252,793)	(235,458)
Proceeds from issuance of stock, net	973	156,513
Net cash flow used for financing activities	(151,978)	(378,915)
Change in cash and cash equivalents	613	148,281
Cash and cash equivalents, beginning of period	142,486	189,534
Cash and cash equivalents, end of period	143,099	337,815
Interest paid during the period (net of capitalized interest of $6,442 and $3,762, respectively)	96,306	111,761
Income taxes paid during the period (net of refunds received of $2,082 and $18,723, respectively)	$ 1,325	$ 94,639

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) (Parentheticals) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash paid for capitalized interest	$ 6,442	$ 3,762
Refunds received	$ 2,082	$ 18,723

Note 1 - Interim Financial Stat

Note 1 - Interim Financial Statements	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Interim Financial Statements Business - Kimco Realty Corporation and subsidiaries (the "Company"), affiliates and related real estate joint ventures are engaged principally in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. Additionally, the Company provides complementary services that capitalize on the Company’s established retail real estate expertise. 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 90 not not 100 may not not not Principles of Consolidation - The accompanying Condensed Consolidated Financial Statements include the accounts of the Company. The Company’s subsidiaries include 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”) 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 audited Annual Report on Form 10 December 31, 2016 ( “10 10 June 30, 2017, 10 not Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in the condensed consolidated financial statements (see Footnote 10 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 June 30, June 30, 2017 2016 2017 2 01 6 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 131,861 $ 191,854 $ 197,039 $ 321,012 Earnings attributable to participating securities (647 ) (1,067 ) (1,070 ) (1,701 ) Net income available to the Company’s common shareholders for basic earnings per share 131,214 190,787 195,969 319,311 Distributions on convertible units 259 28 29 47 Net income available to the Company’s common shareholders for diluted earnings per share $ 131,473 $ 190,815 $ 195,998 $ 319,358 Weighted average common shares outstanding – basic 423,650 417,748 423,516 415,189 Effect of dilutive securities (a): Equity awards 432 1,457 505 1,450 Assumed conversion of convertible units 862 97 63 93 Weighted average common shares outstanding – diluted 424,944 419,302 424,084 416,732 Net income available to the Company's common shareholders: Basic earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77 Diluted earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77 (a) The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversions has not 4,010,883 5,108,530 not June 30, 2017 2016, The Company's unvested restricted share awards contain non-forfeitable rights to distributions or distribution equivalents. The impact of the unvested restricted share awards on earnings per share has been calculated using the two New Accounting Pronouncements – The following table represents Accounting Standard Updates (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”) that are not not ASU Description Effective Date Effect on the financial statements or other significant matters ASU 2017 09, 718 The amendment provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. January 1, 2018; The adoption is not ASU 2017 05, 610 20” The amendment clarifies that a financial asset is within the scope of Subtopic 610 20 2017 05 610 20 may 610 20, May 2014 2014 09, 2017 05 2014 09 may 2017 05 250, 10 45 5 10 45 10 may 2017 05 2014 09 may January 1, 2018; 2014 09 Upon adoption, the Company will appropriately apply the guidance to prospective disposals of nonfinancial assets within the scope of Subtopic 610 20. ASU 2016 13, 326 The new guidance introduces a new model for estimating credit losses for certain types of financial instruments, including loans receivable, held-to-maturity debt securities, and net investments in direct financing leases, amongst other financial instruments. ASU 2016 13 January 1, 2020; The adoption is not ASU 2014 09, 606 ASU 2015 14, 606 ASU 2016 08, 606 ASU 2016 10, 606 ASU 2016 12, 606 ASU 2014 09 2014 09, may 2014 09 first December 15, 2016, not In August 2015, 2015 14, 2014 09 one first December 15, 2017. Subsequently, in March 2016, 2016 08, April 2016, 2016 10, Additionally, in May 2016, 2016 12, January 1, 2018; January 1, 2017 The Company’s revenue-producing contracts are primarily leases that are not 2016 02 not not ASU 2016 02, 842 This ASU sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not 12 12 2016 02 840 January 1, 2019; The Company continues to evaluate the effect the adoption will have on the Company’s financial position and/or results of operations. However, the Company currently believes that the adoption will not 606 2016 02. not The following ASU’s to the FASB’s ASC have been adopted by the Company: ASU Description Adoption Date Effect on the financial statements or other significant matters ASU 2017 01, 805 The update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. January 1, 2017; The Company’s operating property acquisitions during the six June 30, 2017, 360, 805 ASU 2016 09, 718 The update simplifies several aspects of accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. January 1, 2017 The adoption did not

Note 2 - Operating Property Act

Note 2 - Operating Property Activities	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Business Combination Disclosure [Text Block]	2. Operating Property Activities Acquisitions of Operating Real Estate - During the six June 30, 2017, Purchase Price (in thousands) Property Name Location Month Acquired / Consolidated Cash Debt Other Consideration* Total GLA* * Plantation Commons Plantation, FL (1)(3) Jan-17 $ - $ - $ 12,300 $ 12,300 60 Gordon Plaza Woodbridge, VA (1)(3) Jan-17 - - 3,100 3,100 184 Plaza del Prado Glenview, IL Jan-17 39,063 - - 39,063 142 Columbia Crossing Parcel Columbia Crossing, MD Jan-17 5,100 - - 5,100 25 The District at Tustin Legacy Tustin, CA (2)(3) Apr-17 - 206,000 98,698 304,698 688 $ 44,163 $ 206,000 $ 114,098 $ 364,261 1,099 * Includes the Company’s previously held equity interest investment ** Gross leasable area ("GLA") ( 1 The Company acquired from its partners, their ownership interest in properties that were held in joint ventures in which the Company had noncontrolling interests. The Company now has a controlling interest in these properties and has deemed these entities to be VIEs for which the Company is the primary beneficiary and now consolidates these assets. ( 2 Effective April 1, 2017, ( 3 The Company evaluated these transactions pursuant to the FASB’s Consolidation guidance and as a result, recognized gains on change in control of interests resulting from the fair value adjustments associated with the Company’s previously held equity interests, which are included in the purchase price above in Other Consideration. The Company’s current ownership interests and gains on change in control of interests recognized as a result of these transactions are as follows (in thousands): Property Name Current Ownership Interest Gain on change in control of interests Plantation Commons 76.25% $ 9,793 Gordon Plaza 40.62% 395 The District at Tustin Legacy (a) 60,972 $ 71,160 (a) The Company’s share of this investment is subject to change and dependent upon property cash flows ( 54.27% Included in the Company’s Condensed Consolidated Statements of Income are $7.3 $4.8 June 30, 2017 2016, The Company adopted ASU 2017 01 January 1, 2017 six June 30, 2017. The purchase price allocations for properties acquired/consolidated during the six June 30, 2017, Land $ 120,645 Buildings 192,428 Above-market leases 11,697 Below-market leases (7,129 ) In-place leases 27,170 Building improvements 16,218 Tenant improvements 7,665 Mortgage fair value adjustment (6,222 ) Other assets 5,090 Other liabilities (3,301 ) Net assets acquired $ 364,261 As of June 30, 2017, December 31, 2016, Allocation as of December 31, 2016 Allocation Adjustments Revised Allocation as of June 30 , 201 7 Land $ 179,150 $ (5,150 ) $ 174,000 Buildings 309,493 (30,696 ) 278,797 Above-market leases 11,982 885 12,867 Below-market leases (31,903 ) (4,716 ) (36,619 ) In-place leases 44,094 (1,063 ) 43,031 Building improvements 124,105 41,895 166,000 Tenant improvements 12,788 (1,155 ) 11,633 Mortgage fair value adjustment (4,292 ) - (4,292 ) Other assets 234 - 234 Other liabilities (27 ) - (27 ) Net assets acquired $ 645,624 $ - $ 645,624 Dispositions– During the six June 30, 2017, 11 five $157.3 $21.6 $2.4 Impairments – During the six June 30, 2017, $31.3 $2.4 $12.7 $16.2 third 11

Note 3 - Real Estate Under Deve

Note 3 - Real Estate Under Development	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Real Estate Under Development [Text Block]	3. Real Estate Under Development The Company is engaged in various real estate development projects for long-term investment. As of June 30, 2017, five two The costs incurred to date for these real estate development projects are as follows (in thousands): Property Name Location June 30 , 2017 December 31, 2016 Grand Parkway Marketplace (1) Spring, TX $ 129,414 $ 94,841 Dania Pointe (2) Dania Beach, FL 126,790 107,113 Promenade at Christiana New Castle, DE 28,734 25,521 Owings Mills Owings Mills, MD 28,226 25,119 Lincoln Square (3) Philadelphia, PA 47,481 - Avenues Walk (4) Jacksonville, FL 48,573 73,048 Staten Island Plaza (5) Staten Island, NY 9,394 9,386 $ 418,612 $ 335,028 ( 1 During the six June 30, 2017, $2.9 ( 2 Includes $45.9 ( 3 During the six June 30, 2017, 90% 10% $10.0 6 ( 4 Effective April 1, 2017, $24.5 ( 5 Land held for future development. During the six June 30, 2017, $5.2 $1.2 $2.2

Note 4 - Investments In and Adv

Note 4 - Investments In and Advances to Real Estate Joint Ventures	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investments and Advances In Real Estate Joint Ventures [Text Block]	4. Investments in and Advances to 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, 2017 December 31, 2016 ( As of June 30 , 2017 As of December 31, 2016 Venture Ownership Interest Number of Properties The Company's Investment Ownership Interest Number of Properties The Company's Investment Prudential Investment Program (“KimPru” and “KimPru II”) (1) (2) 15.0% 46 179.2 15.0% 48 $ 182.5 Kimco Income Opportunity Portfolio (“KIR”) (2) 48.6% 44 146.8 48.6% 45 145.2 Canada Pension Plan Investment Board (“CPP”) (2) 55.0% 5 119.5 55.0% 5 111.8 Other Joint Venture Programs Various 31 60.9 Various 37 64.7 Total * 126 $ 506.4 135 $ 504.2 * Representing 24.6 26.2 ( 1 Represents four four three ( 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. The table below presents the Company’s share of net income for the above investments which is included in Equity in income of joint ventures, net on the Company’s Condensed Consolidated Statements of Income for the three six June 30, 2017 2016 Three Months Ended June 30, Six Months Ended June 30, 201 7 2016 2017 2016 KimPru and KimPru II $ 3.2 $ 3.1 $ 6.5 $ 5.3 KIR 7.2 12.1 16.6 19.5 CPP 1.3 0.9 2.9 4.8 Other Joint Venture Programs 1.5 92.6 1.9 149.0 Total $ 13.2 $ 108.7 $ 27.9 $ 178.6 During the six June 30, 2017, six one $49.3 $0.1 six June 30, 2017. six June 30, 2017, three $320.1 2 During the six June 30, 2016, 33 $859.0 $143.2 six June 30, 2016. six June 30, 2016, one one $299.2 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, 2017 December 31, 2016 ( As of June 30, 2017 As of December 31, 201 6 Venture Mortgages and Notes Payable , Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable , Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* KimPru and KimPru II $ 628.1 3.34 % 66.0 $ 647.4 3.07 % 67.5 KIR 735.8 4.62 % 49.9 746.5 4.64 % 54.9 CPP 84.9 2.55 % 10.0 84.8 2.17 % 16.0 Other Joint Venture Programs 289.9 4.33 % 32.9 584.3 5.40 % 23.4 Total $ 1,738.7 $ 2,063.0 * Includes extension options

Note 5 - Other Real Estate Inve

Note 5 - Other Real Estate Investments	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Other Real Estate Investments and Other Assets [Text Block]	5. Other Real Estate Investments Preferred Equity Capital - The Company previously provided capital to owners and developers of real estate properties through its Preferred Equity Program. The Company’s maximum exposure to losses associated with its preferred equity investments is primarily limited to its net investment. As of June 30, 2017, $194.6 359 345 six June 30, 2017, $7.4 six June 30, 2016, $18.7 $10.0 four Kimsouth (Albertsons)- Kimsouth Realty Inc. (“Kimsouth”) is a wholly-owned subsidiary of the Company. KRS AB Acquisition, LLC (the “ABS Venture”) is a subsidiary of Kimsouth that has a 14.35% 9.8% During June 2017, $34.6 $23.7 $10.9 two

Note 6 - Variable Interest Enti

Note 6 - Variable Interest Entities ("VIE")	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	6. Variable Interest Entities (“VIE”) Consolidated VIEs Included within the Company’s consolidated operating properties at June 30, 2017, 24 not not June 30, 2017, $1.2 $390.5 The majority of the operations of these VIEs are funded with cash flows generated from the properties. The Company has not not may Additionally, included within the Company’s real estate development projects at June 30, 2017, three not not June 30, 2017, $253.4 $16.4 Substantially all the projected development costs to be funded for these three $168.4 not not All liabilities of these VIEs are non-recourse to the Company (“VIE Liabilities”). Of the 27 22 not five third five June 30 , 2017 December 31, 2016 Restricted Assets: Real estate, net $ 634.1 $ 326.9 Cash and cash equivalents 9.4 3.8 Accounts and notes receivable, net 2.3 1.6 Other assets 8.8 1.4 Total Restricted Assets $ 654.6 $ 333.7 VIE Liabilities: Mortgages payable, net $ 347.2 $ 138.6 Other liabilities 59.7 37.6 Total VIE Liabilities $ 406.9 $ 176.2

Note 7 - Mortgages and Other Fi

Note 7 - Mortgages and Other Financing Receivables	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	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, 2017, 11 $22.5

Note 8 - Marketable Securities

Note 8 - Marketable Securities	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	8. Marketable Securities During the six June 30, 2017, $9.8 June 30, 2017, $14.5 $1.2

Note 9 - Notes and Mortgages Pa

Note 9 - Notes and Mortgages Payable	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	9. Notes and Mortgages Payable Notes Payable - In February 2017, $2.25 March 2021, two six March 2022. 87.5 2.10% June 30, 2017), $2.75 $1.75 March 2018. $500.0 June 30, 2017, $475.0 $0.5 During the six June 30, 2017, Date Issued Maturity Date Amount Issued Interest Rate Mar-17 April-27 $ 400.0 3.80 % During the six June 30, 2017, Type Date Paid Amount Repaid Interest Rate Maturity Date Term Loan Jan-17 $ 250.0 (a) Jan-17 (a) Interest rate was equal to LIBOR + 0.95%. Mortgages Payable - During the six June 30, 2017, $212.2 $6.2 $465.5 $1.9 22

Note 10 - Redeemable Noncontrol

Note 10 - Redeemable Noncontrolling Interests	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Noncontrolling Interest Disclosure [Text Block]	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 contingently 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 June 30, 2017 2016 2017 2016 Balance at January 1, $ 86,953 $ 86,709 Issuance of redeemable partnership interests (1) 10,000 - Income (2) 1,109 2,147 Distributions (2,000 ) (2,082 ) Balance at June 30, $ 96,062 $ 86,774 ( 1 During the six June 30, 2017, 90% 10% 3 ( 2 Includes $1.0 six June 30, 2017. During July 2017, 79,642,697 $79.9 $0.4 $1.00 5.0%, 2006 seven

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	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 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 2 3 The following are financial instruments for which the Company’s estimate of fair value differs from the carrying amounts (in thousands): June 30 , 2017 December 31, 201 6 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Notes payable, net (1) $ 4,520,055 $ 4,476,466 $ 3,927,251 $ 3,890,797 Mortgages payable, net (2) $ 870,125 $ 872,448 $ 1,139,117 $ 1,141,047 ( 1 The Company determined that the valuation of its Senior Unsecured Notes and MTNs were classified within Level 2 3 ( 2 The Company determined that its valuation of Mortgages payable, net was classified within Level 3 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 The tables below present the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2017 December 31, 2016, Balance at June 30 , 2017 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 12,953 $ 12,953 $ - $ - Liabilities: Interest rate swaps $ 770 $ - $ 770 $ - Balance at December 31, 201 6 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 6,502 $ 6,502 $ - $ - Liabilities: Interest rate swaps $ 975 $ - $ 975 $ - Assets measured at fair value on a non-recurring basis at June 30, 2017 and December 31, 2016, Balance at June 30 , 2017 Level 1 Level 2 Level 3 Real estate $ 40,098 $ - $ - $ 40,098 Balance at December 31, 201 6 Level 1 Level 2 Level 3 Real estate $ 117,930 $ - $ - $ 117,930 During the six June 30, 2017 2016 , the Company recognized impairment charges related to adjustments to property carrying values of $31.3 $58.1 third not third 8.50% 10.00% 3 2

Note 12 - Preferred Stock and C

Note 12 - Preferred Stock and Common Stock	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	12. Preferred Stock and Common Stock The Company’s outstanding Preferred Stock is detailed below: As of June 30, 2017 and December 31, 201 6 Series of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Series I 18,400 16,000 $ 400,000 6.00 % $ 1.50000 $ 1.00 3/20/2017 Series J 9,000 9,000 225,000 5.50 % $ 1.37500 $ 1.00 7/25/2017 Series K 8,050 7,000 175,000 5.625 % $ 1.40625 $ 1.00 12/7/2017 35,450 32,000 $ 800,000 During February 2015, three may $0.01 $500.0 may 415 1933, not six June 30, 2017. June 30, 2017, $211.9

Note 13 - Supplemental Schedule

Note 13 - Supplemental Schedule of Non-cash Investing / Financing Activities	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Cash Flow, Supplemental Disclosures [Text Block]	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 June 30, 2017 2016 201 7 201 6 Proceeds held in escrow through sale of real estate interests $ 89,770 $ 62,038 Issuance of common stock $ - $ 85 Surrender of restricted common stock $ (5,324 ) $ (6,442 ) Declaration of dividends paid in succeeding period $ 124,679 $ 116,857 Capital expenditures accrual $ 45,898 $ 15,021 Deemed contribution from noncontrolling interest $ 10,000 $ - Consolidation of Joint Ventures: Increase in real estate and other assets $ 325,981 $ 211,457 Increase in mortgages payable, other liabilities and non-controlling interests $ 258,626 $ 100,475

Note 14 - Incentive Plans

Note 14 - Incentive Plans	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	14. Incentive Plans The Company accounts for equity awards in accordance with FASB’s Compensation – Stock Compensation guidance which requires that all share based payments to employees, including grants of employee stock options, restricted stock and performance shares, be recognized in the Statement of Income over the service period based on their fair values. Fair value is determined, depending on the type of award, using either the Black-Scholes option pricing formula or the Monte Carlo method for performance shares, both of which are intended to estimate the fair value of the awards at the grant date. Fair value of restricted shares is calculated based on the price on the date of grant. The Company recognized expenses associated with its equity awards of $13.8 $11.6 six June 30, 2017 2016, June 30, 2017, $37.0 3.1

Note 15 - Accumulated Other Com

Note 15 - Accumulated Other Comprehensive Income ("AOCI")	6 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	15. Accumulated Other Comprehensive Income (“AOCI”) The following tables display the change in the components of accumulated other comprehensive income for the six June 30, 2017 2016: Foreign Currency Translation Adjustments Unrealized Gain /(Loss) on Available-for- Sale Investments Unrealized Loss on Interest Rate Swaps Total Balance as of January 1, 2017 $ 6,335 $ 406 $ (975 ) $ 5,766 Other comprehensive income before reclassifications 1,721 (1,619 ) 205 307 Amounts reclassified from AOCI - - - - Net current-period other comprehensive income 1,721 (1,619 ) 205 307 Balance as of June 30, 2017 $ 8,056 $ (1,213 ) $ (770 ) $ 6,073 Foreign Currency Translation Adjustments Unrealized Gains on Available-for- Sale Investments Unrealized Loss on Interest Rate Swaps Total Balance as of January 1, 2016 $ 6,616 $ 398 $ (1,426 ) $ 5,588 Other comprehensive income before reclassifications 2,354 (33 ) (759 ) 1,562 Amounts reclassified from AOCI - - - - Net current-period other comprehensive income 2,354 (33 ) (759 ) 1,562 Balance as of June 30, 2016 $ 8,970 $ 365 $ (2,185 ) $ 7,150 At June 30, 2017, $8.1 2015, may,

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Business - Kimco Realty Corporation and subsidiaries (the "Company"), affiliates and related real estate joint ventures are engaged principally in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. Additionally, the Company provides complementary services that capitalize on the Company’s established retail real estate expertise. 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 90 not not 100 may not not not
Consolidation, Policy [Policy Text Block]	Principles of Consolidation - The accompanying Condensed Consolidated Financial Statements include the accounts of the Company. The Company’s subsidiaries include 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”) 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 audited Annual Report on Form 10 December 31, 2016 ( “10 10 June 30, 2017, 10 not
Subsequent Events, Policy [Policy Text Block]	Subsequent Events - The Company has evaluated subsequent events and transactions for potential recognition or disclosure in the condensed consolidated financial statements (see Footnote 10
Earnings Per Share, Policy [Policy Text Block]	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 June 30, June 30, 2017 2016 2017 2 01 6 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 131,861 $ 191,854 $ 197,039 $ 321,012 Earnings attributable to participating securities (647 ) (1,067 ) (1,070 ) (1,701 ) Net income available to the Company’s common shareholders for basic earnings per share 131,214 190,787 195,969 319,311 Distributions on convertible units 259 28 29 47 Net income available to the Company’s common shareholders for diluted earnings per share $ 131,473 $ 190,815 $ 195,998 $ 319,358 Weighted average common shares outstanding – basic 423,650 417,748 423,516 415,189 Effect of dilutive securities (a): Equity awards 432 1,457 505 1,450 Assumed conversion of convertible units 862 97 63 93 Weighted average common shares outstanding – diluted 424,944 419,302 424,084 416,732 Net income available to the Company's common shareholders: Basic earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77 Diluted earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77 (a) The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversions has not 4,010,883 5,108,530 not June 30, 2017 2016, The Company's unvested restricted share awards contain non-forfeitable rights to distributions or distribution equivalents. The impact of the unvested restricted share awards on earnings per share has been calculated using the two
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Pronouncements – The following table represents Accounting Standard Updates (“ASU”) to the FASB’s Accounting Standards Codification (“ASC”) that are not not ASU Description Effective Date Effect on the financial statements or other significant matters ASU 2017 09, 718 The amendment provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. January 1, 2018; The adoption is not ASU 2017 05, 610 20” The amendment clarifies that a financial asset is within the scope of Subtopic 610 20 2017 05 610 20 may 610 20, May 2014 2014 09, 2017 05 2014 09 may 2017 05 250, 10 45 5 10 45 10 may 2017 05 2014 09 may January 1, 2018; 2014 09 Upon adoption, the Company will appropriately apply the guidance to prospective disposals of nonfinancial assets within the scope of Subtopic 610 20. ASU 2016 13, 326 The new guidance introduces a new model for estimating credit losses for certain types of financial instruments, including loans receivable, held-to-maturity debt securities, and net investments in direct financing leases, amongst other financial instruments. ASU 2016 13 January 1, 2020; The adoption is not ASU 2014 09, 606 ASU 2015 14, 606 ASU 2016 08, 606 ASU 2016 10, 606 ASU 2016 12, 606 ASU 2014 09 2014 09, may 2014 09 first December 15, 2016, not In August 2015, 2015 14, 2014 09 one first December 15, 2017. Subsequently, in March 2016, 2016 08, April 2016, 2016 10, Additionally, in May 2016, 2016 12, January 1, 2018; January 1, 2017 The Company’s revenue-producing contracts are primarily leases that are not not not ASU 2016 02, 842 This ASU sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract (i.e. lessees and lessors). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not 12 12 2016 02 840 January 1, 2019; The Company continues to evaluate the effect the adoption will have on the Company’s financial position and/or results of operations. However, the Company currently believes that the adoption will not 606 2016 02. not The following ASU’s to the FASB’s ASC have been adopted by the Company: ASU Description Adoption Date Effect on the financial statements or other significant matters ASU 2017 01, 805 The update clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting including acquisitions, disposals, goodwill, and consolidation. January 1, 2017; The Company’s operating property acquisitions during the six June 30, 2017, 360, 805 ASU 2016 09, 718 The update simplifies several aspects of accounting for employee share-based payment transactions for both public and nonpublic entities, including the accounting for income taxes, forfeitures, and statutory tax withholding requirements, as well as classification in the statement of cash flows. January 1, 2017 The adoption did not

Note 1 - Interim Financial St25

Note 1 - Interim Financial Statements (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2 01 6 Computation of Basic and Diluted Earnings Per Share: Net income available to the Company's common shareholders $ 131,861 $ 191,854 $ 197,039 $ 321,012 Earnings attributable to participating securities (647 ) (1,067 ) (1,070 ) (1,701 ) Net income available to the Company’s common shareholders for basic earnings per share 131,214 190,787 195,969 319,311 Distributions on convertible units 259 28 29 47 Net income available to the Company’s common shareholders for diluted earnings per share $ 131,473 $ 190,815 $ 195,998 $ 319,358 Weighted average common shares outstanding – basic 423,650 417,748 423,516 415,189 Effect of dilutive securities (a): Equity awards 432 1,457 505 1,450 Assumed conversion of convertible units 862 97 63 93 Weighted average common shares outstanding – diluted 424,944 419,302 424,084 416,732 Net income available to the Company's common shareholders: Basic earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77 Diluted earnings per share $ 0.31 $ 0.46 $ 0.46 $ 0.77

Note 2 - Operating Property A26

Note 2 - Operating Property Activities (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Purchase Price (in thousands) Property Name Location Month Acquired / Consolidated Cash Debt Other Consideration* Total GLA* * Plantation Commons Plantation, FL (1)(3) Jan-17 $ - $ - $ 12,300 $ 12,300 60 Gordon Plaza Woodbridge, VA (1)(3) Jan-17 - - 3,100 3,100 184 Plaza del Prado Glenview, IL Jan-17 39,063 - - 39,063 142 Columbia Crossing Parcel Columbia Crossing, MD Jan-17 5,100 - - 5,100 25 The District at Tustin Legacy Tustin, CA (2)(3) Apr-17 - 206,000 98,698 304,698 688 $ 44,163 $ 206,000 $ 114,098 $ 364,261 1,099
Summary of Ownership Interest [Table Text Block]	Property Name Current Ownership Interest Gain on change in control of interests Plantation Commons 76.25% $ 9,793 Gordon Plaza 40.62% 395 The District at Tustin Legacy (a) 60,972 $ 71,160
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Land $ 120,645 Buildings 192,428 Above-market leases 11,697 Below-market leases (7,129 ) In-place leases 27,170 Building improvements 16,218 Tenant improvements 7,665 Mortgage fair value adjustment (6,222 ) Other assets 5,090 Other liabilities (3,301 ) Net assets acquired $ 364,261 Allocation as of December 31, 2016 Allocation Adjustments Revised Allocation as of June 30 , 201 7 Land $ 179,150 $ (5,150 ) $ 174,000 Buildings 309,493 (30,696 ) 278,797 Above-market leases 11,982 885 12,867 Below-market leases (31,903 ) (4,716 ) (36,619 ) In-place leases 44,094 (1,063 ) 43,031 Building improvements 124,105 41,895 166,000 Tenant improvements 12,788 (1,155 ) 11,633 Mortgage fair value adjustment (4,292 ) - (4,292 ) Other assets 234 - 234 Other liabilities (27 ) - (27 ) Net assets acquired $ 645,624 $ - $ 645,624

Note 3 - Real Estate Under De27

Note 3 - Real Estate Under Development (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Real Estate Held for Development [Table Text Block]	Property Name Location June 30 , 2017 December 31, 2016 Grand Parkway Marketplace (1) Spring, TX $ 129,414 $ 94,841 Dania Pointe (2) Dania Beach, FL 126,790 107,113 Promenade at Christiana New Castle, DE 28,734 25,521 Owings Mills Owings Mills, MD 28,226 25,119 Lincoln Square (3) Philadelphia, PA 47,481 - Avenues Walk (4) Jacksonville, FL 48,573 73,048 Staten Island Plaza (5) Staten Island, NY 9,394 9,386 $ 418,612 $ 335,028

Note 4 - Investments In and A28

Note 4 - Investments In and Advances to Real Estate Joint Ventures (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Equity Method Investments [Table Text Block]	As of June 30 , 2017 As of December 31, 2016 Venture Ownership Interest Number of Properties The Company's Investment Ownership Interest Number of Properties The Company's Investment Prudential Investment Program (“KimPru” and “KimPru II”) (1) (2) 15.0% 46 179.2 15.0% 48 $ 182.5 Kimco Income Opportunity Portfolio (“KIR”) (2) 48.6% 44 146.8 48.6% 45 145.2 Canada Pension Plan Investment Board (“CPP”) (2) 55.0% 5 119.5 55.0% 5 111.8 Other Joint Venture Programs Various 31 60.9 Various 37 64.7 Total * 126 $ 506.4 135 $ 504.2
Joint Venture Investments Accounted For Under The Equity Method Debt Details [Table Text Block]	As of June 30, 2017 As of December 31, 201 6 Venture Mortgages and Notes Payable , Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* Mortgages and Notes Payable , Net Weighted Average Interest Rate Weighted Average Remaining Term (months)* KimPru and KimPru II $ 628.1 3.34 % 66.0 $ 647.4 3.07 % 67.5 KIR 735.8 4.62 % 49.9 746.5 4.64 % 54.9 CPP 84.9 2.55 % 10.0 84.8 2.17 % 16.0 Other Joint Venture Programs 289.9 4.33 % 32.9 584.3 5.40 % 23.4 Total $ 1,738.7 $ 2,063.0
Income [Member]
Notes Tables
Equity Method Investments [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 201 7 2016 2017 2016 KimPru and KimPru II $ 3.2 $ 3.1 $ 6.5 $ 5.3 KIR 7.2 12.1 16.6 19.5 CPP 1.3 0.9 2.9 4.8 Other Joint Venture Programs 1.5 92.6 1.9 149.0 Total $ 13.2 $ 108.7 $ 27.9 $ 178.6

Note 6 - Variable Interest En29

Note 6 - Variable Interest Entities ("VIE") (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Variable Interest Entities [Table Text Block]	June 30 , 2017 December 31, 2016 Restricted Assets: Real estate, net $ 634.1 $ 326.9 Cash and cash equivalents 9.4 3.8 Accounts and notes receivable, net 2.3 1.6 Other assets 8.8 1.4 Total Restricted Assets $ 654.6 $ 333.7 VIE Liabilities: Mortgages payable, net $ 347.2 $ 138.6 Other liabilities 59.7 37.6 Total VIE Liabilities $ 406.9 $ 176.2

Note 9 - Notes and Mortgages 30

Note 9 - Notes and Mortgages Payable (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Debt Issuance [Table Text Block]	Date Issued Maturity Date Amount Issued Interest Rate Mar-17 April-27 $ 400.0 3.80 %
Schedule of Debt [Table Text Block]	Type Date Paid Amount Repaid Interest Rate Maturity Date Term Loan Jan-17 $ 250.0 (a) Jan-17

Note 10 - Redeemable Noncontr31

Note 10 - Redeemable Noncontrolling Interests (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Redeemable Noncontrolling Interest [Table Text Block]	2017 2016 Balance at January 1, $ 86,953 $ 86,709 Issuance of redeemable partnership interests (1) 10,000 - Income (2) 1,109 2,147 Distributions (2,000 ) (2,082 ) Balance at June 30, $ 96,062 $ 86,774

Note 11 - Fair Value Measurem32

Note 11 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30 , 2017 December 31, 201 6 Carrying Amounts Estimated Fair Value Carrying Amounts Estimated Fair Value Notes payable, net (1) $ 4,520,055 $ 4,476,466 $ 3,927,251 $ 3,890,797 Mortgages payable, net (2) $ 870,125 $ 872,448 $ 1,139,117 $ 1,141,047
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Balance at June 30 , 2017 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 12,953 $ 12,953 $ - $ - Liabilities: Interest rate swaps $ 770 $ - $ 770 $ - Balance at December 31, 201 6 Level 1 Level 2 Level 3 Assets: Marketable equity securities $ 6,502 $ 6,502 $ - $ - Liabilities: Interest rate swaps $ 975 $ - $ 975 $ - Balance at June 30 , 2017 Level 1 Level 2 Level 3 Real estate $ 40,098 $ - $ - $ 40,098 Balance at December 31, 201 6 Level 1 Level 2 Level 3 Real estate $ 117,930 $ - $ - $ 117,930

Note 12 - Preferred Stock and33

Note 12 - Preferred Stock and Common Stock (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Stockholders Equity [Table Text Block]	As of June 30, 2017 and December 31, 201 6 Series of Preferred Stock Shares Authorized Shares Issued and Outstanding Liquidation Preference (in thousands) Dividend Rate Annual Dividend per Depositary Share Par Value Optional Redemption Date Series I 18,400 16,000 $ 400,000 6.00 % $ 1.50000 $ 1.00 3/20/2017 Series J 9,000 9,000 225,000 5.50 % $ 1.37500 $ 1.00 7/25/2017 Series K 8,050 7,000 175,000 5.625 % $ 1.40625 $ 1.00 12/7/2017 35,450 32,000 $ 800,000

Note 13 - Supplemental Schedu34

Note 13 - Supplemental Schedule of Non-cash Investing / Financing Activities (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	201 7 201 6 Proceeds held in escrow through sale of real estate interests $ 89,770 $ 62,038 Issuance of common stock $ - $ 85 Surrender of restricted common stock $ (5,324 ) $ (6,442 ) Declaration of dividends paid in succeeding period $ 124,679 $ 116,857 Capital expenditures accrual $ 45,898 $ 15,021 Deemed contribution from noncontrolling interest $ 10,000 $ - Consolidation of Joint Ventures: Increase in real estate and other assets $ 325,981 $ 211,457 Increase in mortgages payable, other liabilities and non-controlling interests $ 258,626 $ 100,475

Note 15 - Accumulated Other C35

Note 15 - Accumulated Other Comprehensive Income ("AOCI") (Tables)	6 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Foreign Currency Translation Adjustments Unrealized Gain /(Loss) on Available-for- Sale Investments Unrealized Loss on Interest Rate Swaps Total Balance as of January 1, 2017 $ 6,335 $ 406 $ (975 ) $ 5,766 Other comprehensive income before reclassifications 1,721 (1,619 ) 205 307 Amounts reclassified from AOCI - - - - Net current-period other comprehensive income 1,721 (1,619 ) 205 307 Balance as of June 30, 2017 $ 8,056 $ (1,213 ) $ (770 ) $ 6,073 Foreign Currency Translation Adjustments Unrealized Gains on Available-for- Sale Investments Unrealized Loss on Interest Rate Swaps Total Balance as of January 1, 2016 $ 6,616 $ 398 $ (1,426 ) $ 5,588 Other comprehensive income before reclassifications 2,354 (33 ) (759 ) 1,562 Amounts reclassified from AOCI - - - - Net current-period other comprehensive income 2,354 (33 ) (759 ) 1,562 Balance as of June 30, 2016 $ 8,970 $ 365 $ (2,185 ) $ 7,150

Note 1 - Interim Financial St36

Note 1 - Interim Financial Statements (Details Textual) - shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	4,010,883	5,108,530

Note 1 - Interim Financial St37

Note 1 - Interim Financial Statements - Reconciliation of Earnings (Loss) and the Weighted Average Number of Shares (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net income available to the Company's common shareholders		$ 131,861	$ 191,854	$ 197,039	$ 321,012
Earnings attributable to participating securities		(647)	(1,067)	(1,070)	(1,701)
Net income available to the Company’s common shareholders for basic earnings per share		131,214	190,787	195,969	319,311
Distributions on convertible units		259	28	29	47
Net income available to the Company’s common shareholders for diluted earnings per share		$ 131,473	$ 190,815	$ 195,998	$ 319,358
Weighted average common shares outstanding – basic (in shares)		423,650	417,748	423,516	415,189
Effect of dilutive securities (a):
Equity awards (in shares)	[1]	432	1,457	505	1,450
Assumed conversion of convertible units (in shares)	[1]	862	97	63	93
Weighted average common shares outstanding – diluted (in shares)		424,944	419,302	424,084	416,732
-Basic (in dollars per share)		$ 0.31	$ 0.46	$ 0.46	$ 0.77
-Diluted (in dollars per share)		$ 0.31	$ 0.46	$ 0.46	$ 0.77
[1]	The effect of the assumed conversion of certain convertible units had an anti-dilutive effect upon the calculation of Income from continuing operations per share. Accordingly, the impact of such conversions has not been included in the determination of diluted earnings per share calculations. Additionally, there were 3,445,600 and 5,235,280 stock options that were not dilutive as of March 31, 2017 and 2016, respectively.

Note 2 - Operating Property A38

Note 2 - Operating Property Activities (Details Textual) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	$ 7,300	$ 4,800
Asset Impairment Charges	31,336	$ 58,053
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Proceeds from Sale of Real Estate	157,300
Gains (Losses) on Sales of Investment Real Estate	21,600
Asset Impairment Charges	$ 2,400
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Consolidated Operating Properties [Member]
Number of Properties Disposed of	11
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Out-Parcel Properties [Member]
Number of Properties Disposed of	5
Disposal Group, Expected to Market for Sale, Not Discontinued Operations [Member]
Asset Impairment Charges	$ 12,700
Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Asset Impairment Charges	$ 16,200
The District at Tustin Legacy [Member]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Including Subsequent Acquisition, Percentage	54.27%

Note 2 - Operating Property A39

Note 2 - Operating Property Activities - Acquisition of Operating Properties (Details) ft² in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)ft²
Purchase Price Debt Assumed	$ 206,000
Purchase Price Other	114,098	[1]
Purchase Price Total	$ 364,261
Purchase Price GLA (Square Foot) | ft²	1,099	[2]
Purchase Price Cash	$ 44,163
Plantation Commons [Member]
Purchase Price Debt Assumed		[3],[4]
Purchase Price Other	12,300	[1],[3],[4]
Purchase Price Total	$ 12,300	[3],[4]
Purchase Price GLA (Square Foot) | ft²	60	[2],[3],[4]
Purchase Price Cash		[3],[4]
Gordon Plaza [Member]
Purchase Price Debt Assumed		[3],[4]
Purchase Price Other	3,100	[1],[3],[4]
Purchase Price Total	$ 3,100	[3],[4]
Purchase Price GLA (Square Foot) | ft²	184	[2],[3],[4]
Purchase Price Cash		[3],[4]
Plaza Del Prado [Member]
Purchase Price Debt Assumed
Purchase Price Other		[1]
Purchase Price Total	$ 39,063
Purchase Price GLA (Square Foot) | ft²	142	[2]
Purchase Price Cash	$ 39,063
Columbia Crossing Parcel [Member]
Purchase Price Debt Assumed
Purchase Price Other		[1]
Purchase Price Total	$ 5,100
Purchase Price GLA (Square Foot) | ft²	25	[2]
Purchase Price Cash	$ 5,100
The District at Tustin Legacy [Member]
Purchase Price Debt Assumed	206,000	[4],[5]
Purchase Price Other	98,698	[1],[4],[5]
Purchase Price Total	$ 304,698	[4],[5]
Purchase Price GLA (Square Foot) | ft²	688	[2],[4],[5]
Purchase Price Cash		[4],[5]
[1]	Includes the Company's previously held equity interest investment.
[2]	Gross leasable area ("GLA")
[3]	The Company acquired from its partners, their ownership interest in properties that were held in joint ventures in which the Company had noncontrolling interests. The Company now has a controlling interest in these properties and has deemed these entities to be VIEs for which the Company is the primary beneficiary and now consolidates these assets.
[4]	The Company evaluated these transactions pursuant to the FASB's Consolidation guidance and as a result, recognized gains on change in control of interests resulting from the fair value adjustments associated with the Company's previously held equity interests, which are included in the purchase price above in Other Consideration. The Company's current ownership interests and gains on change in control of interests recognized as a result of these transactions are as follows (in thousands):
[5]	Effective April 1, 2017, the Company and its partner amended its joint venture agreement relating to the Company's investment in this property. As a result of this amendment, the Company now controls the entity and consolidates the property. This entity is deemed to be a VIE for which the Company is the primary beneficiary.

Note 2 - Operating Property A40

Note 2 - Operating Property Activities - Summary of Ownership Interest and Gain on Change of Interest (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Gain on change in control of interests, net	$ 71,160
Plantation Commons [Member]
Gain on change in control of interests, net	$ 9,793
Current ownership interest	76.25%
Gordon Plaza [Member]
Gain on change in control of interests, net	$ 395
Current ownership interest	40.62%
The District at Tustin Legacy [Member]
Gain on change in control of interests, net	$ 60,972
Current ownership interest	54.27%

Note 2 - Operating Property A41

Note 2 - Operating Property Activities - Purchase Price Allocation (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Business Acquisitions in 2017 [Member]
Other assets	$ 5,090
Other liabilities	(3,301)
Net assets acquired	364,261
Mortgage fair value adjustment	(6,222)
Business Acquisitions in 2017 [Member] | Above Market Leases [Member]
Finite lived intangible assets	11,697
Business Acquisitions in 2017 [Member] | Below Market Leases [Member]
Finite lived intangible liabilities	(7,129)
Business Acquisitions in 2017 [Member] | Leases, Acquired-in-Place [Member]
Finite lived intangible assets	27,170
Business Acquisitions in 2017 [Member] | Tenant Improvements [Member]
Finite lived intangible assets	7,665
Business Acquisitions in 2016 [member]
Other assets	234	$ 234
Other liabilities	(27)	(27)
Net assets acquired	645,624	645,624
Mortgage fair value adjustment	(4,292)	(4,292)
Business Acquisitions in 2016 [member] | Above Market Leases [Member]
Intangible assets (liabilities) allocation adjustments	885
Finite lived intangible assets	12,867	11,982
Business Acquisitions in 2016 [member] | Below Market Leases [Member]
Intangible assets (liabilities) allocation adjustments	(4,716)
Finite lived intangible liabilities	(36,619)	(31,903)
Business Acquisitions in 2016 [member] | Leases, Acquired-in-Place [Member]
Intangible assets (liabilities) allocation adjustments	(1,063)
Finite lived intangible assets	43,031	44,094
Land [Member] | Business Acquisitions in 2017 [Member]
Property, plant and equipment	120,645
Land [Member] | Business Acquisitions in 2016 [member]
Property, plant and equipment allocation adjustments	(5,150)
Property, plant and equipment	174,000	179,150
Building [Member] | Business Acquisitions in 2017 [Member]
Property, plant and equipment	192,428
Building [Member] | Business Acquisitions in 2016 [member]
Property, plant and equipment allocation adjustments	(30,696)
Property, plant and equipment	278,797	309,493
Building Improvements [Member] | Business Acquisitions in 2017 [Member]
Property, plant and equipment	16,218
Building Improvements [Member] | Business Acquisitions in 2016 [member]
Property, plant and equipment allocation adjustments	41,895
Property, plant and equipment	166,000	124,105
Tenant Improvements [Member] | Business Acquisitions in 2016 [member]
Intangible assets (liabilities) allocation adjustments	(1,155)
Finite lived intangible assets	$ 11,633	$ 12,788

Note 3 - Real Estate Under De42

Note 3 - Real Estate Under Development (Details Textual) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Apr. 01, 2017	Dec. 31, 2016
Development in Process		$ 418,612			$ 335,028
Payments to Acquire Real Estate		56,036	$ 95,801
Real Estate Investment Property, Net		9,543,381			9,394,755
Real Estate Inventory, Capitalized Interest Costs Incurred		5,200
Real Estate Development Projects, Real Estate Taxes and Insurance Capitalized		1,200
Real Estate Development Projects, Payroll Costs Capitalized		$ 2,200
KIM Lincoln, LLC [Member]
Ownership Interest in Joint Venture, Percentage		90.00%
Lincoln Square Property, LP [Member]
Ownership Interest in Joint Venture, Percentage		10.00%
Grand Parkway Marketplace [Member]
Development land parcel sold		$ 2,900
Development in Process	[1]	129,414			94,841
Dania Pointe [Member]
Development in Process	[2]	126,790			107,113
Avenues Walk [Member]
Development in Process	[3]	$ 48,573			$ 73,048
Real Estate Investment Property, Net				$ 24,500
Real Estate Under Development [Member]
Number of Real Estate Properties		5
Payments to Acquire Real Estate		$ 10,000
Real Estate Properties, Future Development [Member]
Number of Real Estate Properties		2
Land [Member] | Dania Pointe [Member]
Development in Process		$ 45,900
[1]	During the six months ended June 30, 2017, the Company sold land at this development property for $2.9 million.
[2]	Includes $45.9 million of land held for future development.
[3]	Effective April 1, 2017, certain aspects of this development project, aggregating $24.5 million, were placed in service and reclassified into Operating real estate, net on the Company's Condensed Consolidated Balance Sheets. The remaining portion of the project consists of a mixed-use project to be developed in the future.

Note 3 - Real Estate Under De43

Note 3 - Real Estate Under Development - Costs Incurred for Real Estate Development (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Development in Process		$ 418,612	$ 335,028
Grand Parkway Marketplace [Member]
Development in Process	[1]	129,414	94,841
Dania Pointe [Member]
Development in Process	[2]	126,790	107,113
Promenade at Christiana [Member]
Development in Process		28,734	25,521
Owings Mills [Member]
Development in Process		28,226	25,119
Lincoln Square [Member]
Development in Process	[3]	47,481
Avenues Walk [Member]
Development in Process	[4]	48,573	73,048
Staten Island Plaza [Member]
Development in Process	[5]	$ 9,394	$ 9,386
[1]	During the six months ended June 30, 2017, the Company sold land at this development property for $2.9 million.
[2]	Includes $45.9 million of land held for future development.
[3]	During the six months ended June 30, 2017, KIM Lincoln, LLC ("KIM Lincoln"), a wholly owned subsidiary of the Company, and Lincoln Square Property, LP ("Lincoln Member") entered into a joint venture agreement wherein KIM Lincoln has a 90% controlling interest and Lincoln Member has a 10% noncontrolling interest. The joint venture acquired land parcels in Philadelphia, PA to be held for development for a gross purchase price of $10.0 million. Based upon the Company's intent to develop the property, the Company allocated the gross purchase price to Real estate under development on the Company's Condensed Consolidated Balance Sheets. This joint venture is accounted for as a consolidated VIE (see Footnote 6).
[4]	Effective April 1, 2017, certain aspects of this development project, aggregating $24.5 million, were placed in service and reclassified into Operating real estate, net on the Company's Condensed Consolidated Balance Sheets. The remaining portion of the project consists of a mixed-use project to be developed in the future.
[5]	Land held for future development.

Note 4 - Investments In and A44

Note 4 - Investments In and Advances to Real Estate Joint Ventures (Details Textual) ft² in Thousands, $ in Thousands, a in Millions		6 Months Ended
		Jun. 30, 2017USD ($)ft²a	Jun. 30, 2016USD ($)	Dec. 31, 2016ft²
Business Combination, Consideration Transferred		$ 364,261
Gross Leasable Area | ft²	[1]	1,099
All Equity Method Investments [Member]
Gross Leasable Area		24.6		26,200
Kim Pru and Kim Pru II [Member]
Number Of Accounts		4
Number of Joint Ventures		4
Kim Pru [Member]
Number of Joint Ventures		3
Real Estate Joint Ventures [Member]
Business Combination, Consideration Transferred			$ 299,200
Real Estate Joint Ventures [Member] | Operating Properties [Member]
Equity Method Investment, Sales Price		$ 49,300
Equity Method Investment, Realized Gain (Loss) on Disposal		$ 100	$ 143,200
Number of Real Estate Properties, Remaining Interest Acquired		3	1
Business Combination, Consideration Transferred		$ 320,100	$ 859,000
Number of Real Estate Properties, Interest Disposed of or Transferred		6	33
Real Estate Joint Ventures [Member] | Development Properties [Member]
Number of Real Estate Properties, Remaining Interest Acquired			1
[1]	Gross leasable area ("GLA")

Note 4 - Investments in and A45

Note 4 - Investments in and Advances to Real Estate Joint Ventures - Investment Details (Details) - USD ($) $ in Millions		Jun. 30, 2017	Dec. 31, 2016
Kim Pru and Kim Pru II [Member]
Number of properties	[1],[2]	46	48
The company's investment	[1],[2]	$ 179.2	$ 182.5
Average ownership interest	[1],[2]	15.00%	15.00%
Kimco Income Fund [Member]
Number of properties	[2]	44	45
The company's investment	[2]	$ 146.8	$ 145.2
Average ownership interest	[2]	48.60%	48.60%
CPP [Member]
Number of properties	[2]	5	5
The company's investment	[2]	$ 119.5	$ 111.8
Average ownership interest	[2]	55.00%	55.00%
Other Joint Venture Programs [Member]
Number of properties		31	37
The company's investment		$ 60.9	$ 64.7
All Equity Method Investments [Member]
Number of properties	[3]	126	135
The company's investment	[3]	$ 506.4	$ 504.2
[1]	Represents four separate joint ventures, with four separate accounts managed by Prudential Global Investment Management ("PGIM"), 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]	Representing 24.6 million and 26.2 million square feet of GLA, respectively.

Note 4 - Investments in and A46

Note 4 - Investments in and Advances to Real Estate Joint Ventures - The Company's Share of Net Income/(Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income of joint ventures, net	$ 13,200	$ 108,700	$ 27,902	$ 178,618
Kim Pru and Kim Pru II [Member]
Income of joint ventures, net	3,200	3,100	6,500	5,300
KIR [Member]
Income of joint ventures, net	7,200	12,100	16,600	19,500
CPP [Member]
Income of joint ventures, net	1,300	900	2,900	4,800
Other Joint Venture Programs [Member]
Income of joint ventures, net	$ 1,500	$ 92,600	$ 1,900	$ 149,000

Note 4 - Investments in and A47

Note 4 - Investments in and Advances to Real Estate Joint Ventures - Joint Venture Investments Accounted for Under the Equity Method, Debt Details (Details) - USD ($) $ in Millions		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Mortgage and notes payable		$ 1,738.7	$ 2,063
Kim Pru and Kim Pru II [Member]
Weighted average interest rate		3.34%	3.07%
Weighted average remaining term (Month)	[1]	5 years 180 days	5 years 225 days
Mortgage and notes payable		$ 628.1	$ 647.4
KIR [Member]
Weighted average interest rate		4.62%	4.64%
Weighted average remaining term (Month)	[1]	4 years 57 days	4 years 207 days
Mortgage and notes payable		$ 735.8	$ 746.5
CPP [Member]
Weighted average interest rate		2.55%	2.17%
Weighted average remaining term (Month)	[1]	300 days	1 year 120 days
Mortgage and notes payable		$ 84.9	$ 84.8
Other Joint Venture Programs [Member]
Weighted average interest rate		4.33%	5.40%
Weighted average remaining term (Month)	[1]	2 years 267 days	1 year 342 days
Mortgage and notes payable		$ 289.9	$ 584.3
[1]	Average Remaining Term includes extension options.

Note 5 - Other Real Estate In48

Note 5 - Other Real Estate Investments (Details Textual) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Equity Method Investments	$ 506,449	$ 506,449		$ 506,449		$ 504,209
Income (Loss) from Equity Method Investments		$ 13,200	$ 108,700	27,902	$ 178,618
Proceeds from Equity Method Investment, Distribution, Return of Capital					149,296
Preferred Equity Investments [Member]
Number of Real Estate Properties	359	359		359
Income (Loss) from Equity Method Investments				$ 7,400	18,700
Equity Method Investment, Realized Gain (Loss) on Disposal					$ 10,000
Preferred Equity Investments [Member] | Leased Properties [Member]
Number of Real Estate Properties	345	345		345
Preferred Equity Investments [Member] | Maximum Exposure [Member]
Equity Method Investments	$ 194,600	$ 194,600		$ 194,600
AB Acquisition [Member] | ABS Venture [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	14.35%	14.35%		14.35%
AB Acquisition [Member] | Kimco [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	9.80%	9.80%		9.80%
Albertsons [Member]
Proceeds from Equity Method Investment, Distribution, Return of Capital	$ 23,700
Albertsons [Member] | ABS Venture [Member]
Proceeds from Equity Method Investment, Distribution, Return of Capital	34,600
Albertsons [Member] | Noncontrolling Interest Members in ABS Venture [Member]
Proceeds from Equity Method Investment, Distribution, Return of Capital	$ 10,900

Note 6 - Variable Interest En49

Note 6 - Variable Interest Entities ("VIE") (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Variable Interest Entity, Number of Entities	27
Variable Interest Entity, Unencumbered [Member]
Variable Interest Entity, Number of Entities	22
Variable Interest Entity, Encumbered by Third Party Non-resource Mortgage Debt [Member]
Variable Interest Entity, Number of Entities	5
Consolidated Operating Properties [Member]
Variable Interest Entity, Consolidated, Carrying Amount, Assets	$ 1,200
Variable Interest Entity, Consolidated, Carrying Amount, Liabilities	$ 390.5
Variable Interest Entity, Number of Entities	24
Real Estate Under Development [Member]
Variable Interest Entity, Consolidated, Carrying Amount, Assets	$ 253.4
Variable Interest Entity, Consolidated, Carrying Amount, Liabilities	16.4
Variable Interest Entity, Financial or Other Support, Amount	$ 168.4
Variable Interest Entity, Number of Entities	3

Note 6 - Variable Interest En50

Note 6 - Variable Interest Entities ("VIE") - Summary of Restricted Assets and VIE Liabilities (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Restricted Assets:
Real estate, net	$ 634,100,000	$ 326,900,000
Cash and cash equivalents	9,400,000	3,800,000
Accounts and notes receivable, net	2,300,000	1,600,000
Other assets	8,800,000	1,400,000
Total Restricted Assets	654,588,000	333,705,000
VIE Liabilities:
Mortgages payable, net	347,200,000	138,600,000
Other liabilities	59,700,000	37,600,000
Total VIE Liabilities	$ 406,909,000	$ 176,216,000

Note 7 - Mortgages and Other 51

Note 7 - Mortgages and Other Financing Receivables (Details Textual) $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Mortgage Loans on Real Estate, Number of Loans	11
Mortgage Loans on Real Estate	$ 22.5

Note 8 - Marketable Securities

Note 8 - Marketable Securities (Details Textual) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Payments to Acquire Marketable Securities	$ 9,822	$ 1,325
Marketable Securities	14,487		$ 8,101
Marketable Securities, Gross Unrealized Loss	$ 1,200

Note 9 - Notes and Mortgages 53

Note 9 - Notes and Mortgages Payable (Details Textual) - USD ($) $ in Millions	1 Months Ended	6 Months Ended
	Feb. 24, 2017	Jun. 30, 2017
Long-term Line of Credit		$ 475
Term Loan [Member]
Repayments of Long-term Debt		250
Mortgages [Member]
Repayments of Long-term Debt		465.5
Long-term Debt, Fair Value		$ 1.9
Number of Real Estate Properties		22
Mortgages [Member] | Fair Market Value Adjustment Amount [Member]
Long-term Debt, Fair Value		$ 6.2
Mortgages [Member] | Operating Properties [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt		$ 212.2
London Interbank Offered Rate (LIBOR) [Member] | Term Loan [Member]
Debt Instrument, Basis Spread on Variable Rate		0.95%
Revolving Credit Facility [Member]
Line of Credit Facility Sub-limit	$ 500
Debt Instrument, Interest Rate, Effective Percentage		2.10%
Line of Credit Facility, Maximum Borrowing Capacity	2,250
Revolving Credit Facility [Member] | Credit Facility Accordion Feature [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,750
Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Basis Spread on Variable Rate	0.875%
Letter of Credit [Member]
Line of Credit Facility, Current Borrowing Capacity		$ 1,750
Long-term Line of Credit		$ 0.5

Note 9 - Notes and Mortgages 54

Note 9 - Notes and Mortgages Payable - Senior Unsecured Notes Issuance (Details) - Senior Unsecured Notes 1 [Member]	6 Months Ended
	Jun. 30, 2017USD ($)
Maturity Date	April27
Amount Issued	$ 400
Interest Rate	3.80%

Note 9 - Notes and Mortgages 55

Note 9 - Notes and Mortgages Payable - Note Repayments (Details) - Term Loan [Member] $ in Millions	6 Months Ended
	Jun. 30, 2017USD ($)
Amount Repaid	$ 250
Interest Rate		[1]
Maturity Date	Jan17
[1]	Interest rate was equal to LIBOR + 0.95%.

Note 10 - Redeemable Noncontr56

Note 10 - Redeemable Noncontrolling Interests (Details Textual) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended	6 Months Ended	12 Months Ended
	Jul. 27, 2017	Jun. 30, 2017	Dec. 31, 2006	Dec. 31, 2016
Redeemable Non-controlling Interest, Issuance Amount, Fair Value Remeasurement		$ 1
Preferred Stock, Par or Stated Value Per Share		$ 1		$ 1
Preferred A Units [Member]
Distribution Made to Limited Partner, Cash Distributions Declared	$ 0.4
Preferred Stock, Par or Stated Value Per Share			$ 1
Investment Interest Rate			5.00%
Number of Operating Property Acquired			7
Preferred A Units [Member] | Subsequent Event [Member]
Non-controlling Interest, Units Redeemed	79,642,697
Payments for Repurchase of Redeemable Preferred Stock	$ 79.9
KIM Lincoln, LLC [Member]
Ownership Interest in Joint Venture, Percentage		90.00%
Lincoln Square Property, LP [Member]
Ownership Interest in Joint Venture, Percentage		10.00%

Note 10- Redeemable Noncontroll

Note 10- Redeemable Noncontrolling Interests - Redemption Value of the Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016
Balance		$ 86,953	$ 86,709
Issuance of redeemable partnership interests (1)	[1]	10,000
Income (2)	[2]	1,109	2,147
Distributions		(2,000)	(2,082)
Balance		$ 96,062	$ 86,774
[1]	During the six months ended June 30, 2017, KIM Lincoln, a wholly owned subsidiary of the Company, and Lincoln Member entered into a joint venture agreement wherein KIM Lincoln has a 90% controlling interest and Lincoln Member 10% noncontrolling interest (See Footnote 3).
[2]	Includes $1.0 million in fair market value remeasurement for the six months ended June 30, 2017.

Note 11 - Fair Value Measurem58

Note 11 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Minimum [Member]
Fair Value Inputs, Cap Rate	8.50%
Maximum [Member]
Fair Value Inputs, Cap Rate	10.00%
Fair Value, Estimate Not Practicable, Carrying (Reported) Amount [Member]
Impairment of Real Estate	$ 31.3	$ 58.1

Note 11 - Fair Value Measurem59

Note 11 - Fair Value Measurements - Estimate of Fair Value Differs From Carrying Amounts (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Mortgages [Member]
Mortgages payable, net (2)		$ 1,900
Reported Value Measurement [Member]
Notes payable, net (1)	[1]	4,520,055	$ 3,927,251
Reported Value Measurement [Member] | Mortgages [Member]
Mortgages payable, net (2)	[2]	870,125	1,139,117
Estimate of Fair Value Measurement [Member]
Notes payable, net (1)	[1]	4,476,466	3,890,797
Estimate of Fair Value Measurement [Member] | Mortgages [Member]
Mortgages payable, net (2)	[2]	$ 872,448	$ 1,141,047
[1]	The Company determined that the valuation of its Senior Unsecured Notes and MTNs were classified within Level 2 of the fair value hierarchy and its Term Loan and Credit Facility were classified within Level 3 of the fair value hierarchy.
[2]	The Company determined that its valuation of Mortgages payable, net was classified within Level 3 of the fair value hierarchy.

Note 11 - Fair Value Measurem60

Note 11 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring and Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Measurements, Nonrecurring [Member]
Real estate	$ 40,098	$ 117,930
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Real estate
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Real estate
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate	40,098	117,930
Fair Value, Measurements, Recurring [Member]
Interest rate swaps	770	975
Marketable equity securities	12,953	6,502
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Interest rate swaps
Marketable equity securities	12,953	6,502
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Interest rate swaps	770	975
Marketable equity securities
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Interest rate swaps
Marketable equity securities

Note 12 - Preferred Stock and61

Note 12 - Preferred Stock and Common Stock (Details Textual) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	1 Months Ended	6 Months Ended
	Feb. 28, 2015	Jun. 30, 2017	Dec. 31, 2016
Common Stock, Par or Stated Value Per Share		$ 0.01	$ 0.01
ATM Program, Amount Available		$ 211.9
ATM Program [Member]
Common Stock, Par or Stated Value Per Share	$ 0.01
Maximum Aggregate Sales Price	$ 500
Stock Issued During Period, Shares, New Issues		0

Note 12 - Preferred Stock and62

Note 12 - Preferred Stock and Common Stock - Outstanding Preferred Stock (Details) - USD ($)	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Preferred Stock, Par or Stated Value Per Share	$ 1	$ 1
Shares authorized (in shares)	6,029,100	6,029,100
Liquidation preference	$ 800,000	$ 800,000
Series I Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 1
Shares authorized (in shares)	18,400
Shares issued and outstanding (in shares)	16,000
Liquidation preference	$ 400,000,000
Dividend rate	6.00%
Annual dividend per depository share (in dollars per share)	$ 1.50
Series J Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 1
Shares authorized (in shares)	9,000
Shares issued and outstanding (in shares)	9,000
Liquidation preference	$ 225,000,000
Dividend rate	5.50%
Annual dividend per depository share (in dollars per share)	$ 1.375
Series K Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share	$ 1
Shares authorized (in shares)	8,050
Shares issued and outstanding (in shares)	7,000
Liquidation preference	$ 175,000,000
Dividend rate	5.625%
Annual dividend per depository share (in dollars per share)	$ 1.40625
Total [Member]
Shares authorized (in shares)	35,450
Shares issued and outstanding (in shares)	32,000
Liquidation preference	$ 800,000,000

Note 13 - Supplemental Schedu63

Note 13 - Supplemental Schedule of Non-cash Investing / Financing Activities - Non-cash Investing and Financing Activities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Proceeds held in escrow through sale of real estate interests	$ 89,770	$ 62,038
Issuance of common stock		85
Surrender of restricted common stock	(5,324)	(6,442)
Declaration of dividends paid in succeeding period	124,679	116,857	$ 124,517
Capital expenditures accrual	45,898	15,021
Deemed contribution from noncontrolling interest	10,000
Increase in real estate and other assets	325,981	211,457
Increase in mortgages payable, other liabilities and non-controlling interests	$ 258,626	$ 100,475

Note 14 - Incentive Plans (Deta

Note 14 - Incentive Plans (Details Textual) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Allocated Share-based Compensation Expense	$ 13.8	$ 11.6
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized	$ 37
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	3 years 36 days

Note 15 - Accumulated Other C65

Note 15 - Accumulated Other Comprehensive Income ("AOCI") (Details Textual) $ in Millions	Jun. 30, 2017USD ($)
CANADA
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax	$ 8.1

Note 15 - Accumulated Other C66

Note 15 - Accumulated Other Comprehensive Income ("AOCI") - Components of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Balance at the end of the year	$ 5,425,602	$ 5,444,685
Balance at the beginning of the year	5,402,874	5,181,951
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Other comprehensive income before reclassifications	1,721	2,354
Amounts reclassified from AOCI
Net current-period other comprehensive income	1,721	2,354
Balance at the end of the year	8,056	8,970
Balance at the beginning of the year	6,335	6,616
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Other comprehensive income before reclassifications	(1,619)	(33)
Amounts reclassified from AOCI
Net current-period other comprehensive income	(1,619)	(33)
Balance at the end of the year	(1,213)	365
Balance at the beginning of the year	406	398
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Other comprehensive income before reclassifications	205	(759)
Amounts reclassified from AOCI
Net current-period other comprehensive income	205	(759)
Balance at the end of the year	(770)	(2,185)
Balance at the beginning of the year	(975)	(1,426)
AOCI Attributable to Parent [Member]
Other comprehensive income before reclassifications	307	1,562
Amounts reclassified from AOCI
Net current-period other comprehensive income	307	1,562
Balance at the end of the year	6,073	7,150
Balance at the beginning of the year	$ 5,766	$ 5,588