KIMCO REALTY CORP KIM Income Statement

Kimco realty corp (KIM)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues
Revenues from rental properties, net
1,137,704	1,142,334	1,132,329	1,131,847	1,140,520	1,149,603	1,372,263	1,319,400	1,255,791	1,183,785	713,194	766,644	827,985	893,365	1,155,993	1,160,094	1,162,059	1,144,474	1,103,722	1,066,890	1,015,242	958,888	879,504	845,102	825,740	825,210	758,377	760,170	759,909	755,851	794,068	784,419	778,247	779,156	789,444	792,378	789,063	786,940	812,536	795,397	775,170	755,446	761,765	754,643	0	0	0
Management and other fee income
15,914	16,550	14,626	15,317	15,174	15,159	17,355	16,900	17,213	17,049	16,573	18,437	18,477	18,391	18,643	17,848	18,456	22,295	26,689	30,373	33,918	35,009	35,811	36,442	36,965	36,317	37,222	36,829	36,490	37,522	35,545	35,356	35,083	35,321	36,352	36,706	39,686	39,866	42,404	43,488	42,370	42,452	43,349	44,386	0	0	0
Total revenues
1,153,618	1,158,884	1,146,955	1,147,164	1,155,694	1,164,762	1,195,786	1,207,551	1,211,324	1,200,834	1,182,635	1,172,866	1,167,178	1,170,792	1,174,636	1,177,942	1,180,515	1,166,769	1,130,411	1,097,263	1,049,160	993,897	915,315	881,544	862,705	861,527	795,599	796,999	796,399	793,373	829,613	819,775	813,330	814,477	0	0	0	-	-	-	-	-	-	-	-	-	-
Operating expenses
Rent
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent
-	-	11,119	10,985	-	10,929	11,095	11,157	11,180	11,145	11,031	10,995	10,958	10,993	11,142	11,327	11,611	12,347	13,367	14,013	14,499	14,250	13,697	13,453	13,331	13,347	13,300	13,255	12,803	12,745	12,747	12,932	13,815	13,847	13,758	13,721	13,457	13,731	17,512	17,711	13,838	13,555	9,893	9,549	0	0	0
Real estate taxes
153,964	153,659	151,637	151,980	152,249	153,336	157,387	157,888	159,361	157,196	154,028	153,368	150,412	146,615	145,773	144,641	145,550	147,150	142,471	137,370	131,392	124,670	116,038	112,724	109,642	108,746	101,110	101,777	102,122	101,820	103,782	102,786	102,942	104,451	102,247	104,141	106,265	105,336	146,954	145,866	112,877	108,406	74,161	68,938	0	0	0
Operating and maintenance
173,493	171,981	164,244	163,751	161,859	164,294	167,934	168,931	170,309	169,552	196,589	188,917	179,437	171,416	140,420	142,745	145,631	144,980	139,005	134,651	127,523	119,697	108,513	101,719	99,812	99,405	90,415	91,981	91,663	92,409	94,006	95,988	96,100	102,538	108,549	108,455	109,101	108,357	138,147	136,284	106,381	105,345	80,840	78,954	0	0	0
General and administrative
92,128	96,942	92,318	89,834	91,230	87,797	95,747	95,922	91,858	91,690	60,674	67,134	77,097	86,796	123,253	122,580	121,959	122,735	116,997	118,319	117,785	122,201	125,829	128,025	130,571	127,470	124,489	123,541	123,130	123,524	123,557	124,523	123,227	118,559	116,223	113,829	110,642	109,034	138,294	137,779	108,744	109,960	85,272	83,028	0	0	0
Provision for doubtful accounts
-	-	0	0	-	6,253	6,000	5,312	6,357	5,630	4,012	4,403	3,492	5,563	6,503	7,331	7,253	6,075	6,112	5,093	5,727	4,882	3,274	4,475	5,753	6,133	5,260	4,046	3,578	4,843	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
47,568	48,743	86,587	70,314	75,736	79,207	66,906	66,514	73,360	67,331	59,420	66,549	89,043	93,266	85,520	81,505	44,750	45,383	138,813	207,260	217,438	217,858	130,099	141,201	193,882	190,218	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of property carrying values
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Depreciation and amortization
275,715	277,879	283,706	289,804	300,559	310,380	321,138	334,609	350,119	360,811	366,671	375,055	362,538	355,320	350,531	357,412	354,814	344,527	331,199	294,621	276,583	258,074	234,438	225,241	221,797	224,713	207,268	213,189	214,247	214,827	221,750	214,766	214,166	218,260	222,967	225,912	224,589	217,205	289,118	284,682	221,322	221,750	159,534	154,612	0	0	0
Total operating expenses
754,296	760,515	791,293	779,739	796,558	812,196	826,207	840,333	862,544	863,355	852,425	866,421	872,977	869,969	863,223	867,622	831,650	823,197	788,479	739,928	719,547	683,582	578,537	618,444	612,916	612,061	635,693	582,990	557,997	560,457	573,987	572,289	572,622	576,697	0	0	0	-	-	-	-	-	-	-	-	-	-
Equity in income of other real estate investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	362,839	229,837	260,624	-	568,634	673,372	608,904	774,405	509,758	561,790	589,669	384,506	402,877	348,016	299,706	288,454	199,939	193,073	187,750	178,002	193,365	198,310	165,253	141,416	130,054	113,201	97,309	120,122	20,141	30,492	16,133	3,897	205,617	263,242	0	0	0
Loss from discontinued operating properties, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	5,599	12,314	20,330	36,780	57,134	60,007	61,086	50,610	71,256	66,890	57,615	53,153	36,663	37,119	37,786	40,582	51,287	45,415	46,031	43,366	14,685	15,850	15,136	13,591	0	0	0	0	0
Impairment/loss on operating properties, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60	251,530	247,414	181,763	176,315	135,912	113,100	140,380	143,057	-76,336	-52,599	-32,339	-38,432	-38,591	-35,689	-23,074	-17,343	-11,716	-11,764	-8,886	-6,175	-5,852	-20,091	-16,141	-15,715	0	0	0	-	0
Gain on disposition of operating properties, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71,642	160,901	181,108	190,520	134,954	69,093	50,755	43,914	76,445	64,376	73,770	83,253	43,175	36,381	29,143	17,327	10,427	0	0	-	0	-	-	421	0	0	0	0	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50,985	41,886	-43,914	-33,893	-48,533	71,365	78,667	99,046	97,974	41,247	37,811	43,855	40,566	48,551	39,800	39,269	39,152	-3,611	-3,795	-987	-1,703	12,048	11,716	0	0	0
Loss on transfer of operating properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Gain on sale of properties
59,470	79,218	96,761	115,986	196,464	229,840	211,897	224,180	148,823	93,538	78,990	48,228	67,613	92,823	115,529	133,423	120,654	125,813	0	0	0	-	-	-	-	1,432	0	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Operating income
458,792	477,587	452,423	483,411	555,600	582,406	643,578	612,967	499,289	431,017	423,033	399,268	387,024	393,646	311,413	310,320	348,865	343,572	341,932	357,335	329,613	310,315	336,778	263,100	249,789	249,466	159,906	214,009	238,402	232,916	255,626	247,486	240,708	237,780	0	0	0	-	-	-	-	-	-	-	-	-	-
Other income/(expense)
Impairment of property carrying values
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-
Mortgage financing income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,082	3,054	2,566	3,129	3,507	4,015	5,017	4,304	4,761	5,928	6,483	7,504	7,629	7,496	7,451	7,273	7,606	8,133	8,564	9,405	10,864	12,125	13,501	14,956	16,755	17,577	0	0	0
Interest, dividends and other investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	966	7,954	8,106	14,259	16,847	10,449	10,628	4,499	2,022	2,733	2,513	11,095	15,796	19,585	23,760	20,005	21,229	26,523	31,209	31,245	33,077	29,462	36,496	0	0	0
Other (expense)/income, net
5,770	11,814	7,253	8,145	9,484	13,041	13,421	9,303	7,465	2,559	6,062	9,319	6,868	5,425	8,033	4,290	5,772	5,174	-3,923	-5,935	-6,888	-8,544	-1,794	3,130	1,773	1,195	-2,132	-8,732	-6,354	-6,949	-7,956	-7,538	-7,304	-4,010	-4,466	-2,552	-4,433	-4,459	2,885	8,008	9,414	5,528	-1,179	-9,669	0	0	0
Interest expense
179,060	177,395	174,519	175,454	177,791	183,339	192,584	195,761	195,417	191,956	182,897	182,191	186,580	192,549	205,634	213,113	218,764	218,891	212,561	209,755	206,094	203,759	203,713	206,437	208,986	212,240	215,674	218,192	219,950	223,736	225,115	224,768	223,593	221,678	218,700	220,286	222,852	223,032	283,236	280,060	216,800	207,768	148,728	147,798	0	0	0
Early extinguishment of debt charges
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Income from other real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,748	4,652	4,683	4,121	4,015	2,797	2,774	3,653	-19,659	-11,602	-2,688	4,654	51,044	74,139	0	0	0
Gain on sale of development properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Real estate under development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Investments in other real estate investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,934	0	0	-	-	0	-	-	0
Marketable securities and other investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,794	0	0	-	-	0	-	0	0
Investments in real estate joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Income before income taxes, net, equity in income of joint ventures, net, and equity in income from other real estate investments, net
285,502	312,006	285,157	303,340	374,531	399,346	451,653	424,756	309,584	239,867	244,445	180,722	161,638	160,848	66,908	106,404	173,798	168,916	166,647	177,388	120,110	102,107	142,732	71,914	61,852	59,572	-44,378	2,498	22,353	11,757	47,739	41,915	45,114	51,356	28,039	25,730	19,314	27,905	-77,188	-51,032	-59,310	-54,008	97,140	95,609	0	0	0
Provision for income taxes, net
-3,904	-3,317	-997	2,554	2,178	1,600	361	-21	-335	-880	3,067	65,190	65,978	78,583	127,277	63,007	59,625	60,230	-30,900	-22,804	-18,236	-22,438	20,229	38,740	25,596	32,654	29,859	11,616	27,122	15,603	24,373	23,296	25,634	25,789	13,748	12,013	6,272	3,208	-14,244	-17,643	-18,234	-20,061	10,271	9,824	0	0	0
Equity in income
-	-	-	-	-	-	-	-	-	-	65,614	68,014	163,514	218,714	539,678	539,078	452,778	480,395	140,337	181,224	203,849	159,560	178,971	223,359	237,839	208,689	203,049	131,374	102,269	112,896	103,295	98,436	85,860	63,467	0	0	0	-	-	-	11,586	6,309	98,584	110,128	0	0	0
Gain on change in control of joint venture interests
-	-	-	-	-	-	-	-	-	71,160	75,450	82,034	67,574	57,386	56,187	55,945	9,433	149,234	169,605	177,694	243,292	107,235	83,773	69,342	2,285	21,711	23,110	23,111	36,717	15,555	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of operating properties, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-	-	2,080	3,202	2,868	0	-	0	0	-	-	0
Total net gain on transfer of operating properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,377	4,174	4,663	3,833	3,867	3,258	2,793	0	0	0
Income/(loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,048	11,716	0	0	0
(Loss)/gain on transfer of operating properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Gain on sale of operating properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Net income
387,272	413,561	391,465	406,737	471,159	498,463	495,082	516,573	505,438	439,671	435,791	272,027	322,199	386,138	684,163	806,795	729,558	900,143	572,193	688,418	652,759	435,880	445,504	305,383	266,705	241,353	272,624	272,520	291,635	280,275	238,779	240,288	209,216	182,090	178,605	153,001	138,963	161,651	22,414	33,070	18,979	6,061	219,213	276,041	0	0	0
Net income attributable to noncontrolling interests
2,736	2,956	2,118	1,222	1,285	668	552	1,171	12,006	13,596	16,339	17,150	7,329	7,288	4,385	5,900	5,072	6,028	4,498	3,587	5,416	11,879	12,675	11,499	11,194	5,072	9,570	10,288	11,430	14,202	14,690	16,159	15,490	13,039	18,864	17,908	17,968	18,783	12,572	13,453	10,509	10,003	18,633	21,195	0	0	0
Net income attributable to the Company
384,536	410,605	389,347	405,515	469,874	497,795	494,530	515,402	493,432	426,075	419,452	254,877	314,870	378,850	679,778	800,895	724,486	894,115	567,695	684,831	647,343	424,001	432,829	293,884	255,511	236,281	263,054	262,232	280,205	266,073	224,089	224,129	193,726	169,051	159,741	135,093	120,995	142,868	9,841	19,616	8,470	-3,942	200,581	254,847	0	0	0
Preferred stock redemption charges
-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends
43,909	52,089	57,175	58,136	58,136	58,191	55,088	52,613	49,634	46,600	46,724	46,220	46,220	46,220	48,030	51,048	54,066	57,084	58,294	58,294	58,294	58,294	58,294	58,294	58,294	58,294	57,379	64,428	70,696	71,697	72,877	66,096	60,096	59,363	59,363	57,384	54,365	51,346	61,332	60,292	47,288	47,288	34,284	34,284	0	0	0
Net income available to the Company's common shareholders
322,099	339,988	320,803	347,379	411,738	439,604	439,442	455,775	436,784	372,461	365,714	208,657	268,650	332,630	625,932	744,031	664,604	831,215	509,401	626,537	589,049	365,707	374,535	235,590	197,217	177,987	190,185	176,101	187,806	172,673	144,999	158,033	133,630	109,688	100,378	77,709	66,630	91,522	97,560	0	0	-	0	-	0	0	0
-Basic (in dollars per share)
-	-	-	-	-	-	-	-	0.30	-	0.24	0.31	0.15	0.15	-0.13	0.46	0.31	0.87	0.15	0.27	0.72	0.09	0.44	0.18	0.18	0.11	0.10	0.09	0.13	0.14	0.07	0.12	0.09	0.08	0.10	0.06	0.03	0.05	0.04	0.03	0.10	-	0.07	-	0.10	0.38	0.33
-Diluted (in dollars per share)
-	-	-	-	-	-	-	-	0.30	-	0.24	0.31	0.15	0.15	-0.13	0.46	0.31	0.87	0.15	0.27	0.71	0.09	0.44	0.18	0.18	0.11	0.10	0.09	0.13	0.14	0.07	0.12	0.09	0.08	0.10	0.06	0.03	0.05	0.04	0.03	0.10	-	0.07	-	0.10	0.37	0.32
Weighted average shares:
-Basic (in shares)
429,735	422,496	419,823	419,697	419,464	419,199	419,230	420,731	423,404	423,737	423,688	423,650	423,381	423,157	420,073	417,748	412,630	412,039	411,487	411,317	410,433	409,757	409,326	408,902	408,367	408,162	408,060	407,640	406,662	406,346	405,810	405,560	406,272	406,557	406,564	406,559	406,440	406,185	405,854	405,705	405,564	752,297	376,559	368	271,083	256,164	253,740
-Diluted (in shares)
430,505	424,785	421,002	420,646	420,763	419,303	419,764	421,928	424,521	422,675	424,311	424,944	424,146	425,316	420,073	419,302	414,145	410,236	412,686	413,086	415,396	410,263	411,101	413,344	409,444	409,093	408,866	408,831	407,666	406,254	406,747	406,476	407,279	408,461	407,292	407,562	407,361	406,829	406,253	406,009	405,713	750,654	378,127	368	271,158	258,933	257,318
Income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	831,290	527,876	553,152	553,907	316,839	334,212	278,290	229,494	218,590	119,891	100,470	91,478	79,360	107,875	125,134	94,710	71,921	57,208	43,304	32,731	57,658	95,888	0	0	-	0	-	0	0	0
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-75	-18,475	73,385	35,142	48,868	40,323	-42,700	-32,277	-40,603	70,294	75,631	96,328	93,313	37,124	32,899	38,920	37,767	43,170	34,405	33,899	33,864	-4,015	-4,225	-1,324	-2,016	11,885	11,567	0	0	0
Net income available to the Company's common shareholders
322,099	339,988	320,803	347,379	411,738	439,604	439,442	455,775	436,784	372,461	365,714	208,657	268,650	332,630	625,932	744,031	664,604	831,215	509,401	626,537	589,049	365,707	374,535	235,590	197,217	177,987	190,185	176,101	187,806	172,673	144,999	158,033	133,630	109,688	100,378	77,709	66,630	91,522	97,560	0	0	-	0	-	0	0	0
Reimbursement Income [Member]
Revenues
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Rental Property Income [Member]
Revenues
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Joint Ventures [Member]
Equity in income
67,000	72,200	78,187	76,987	73,487	71,600	76,169	68,811	62,980	60,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Real Estate Investments [Member]
Equity in income
30,810	26,076	27,220	29,000	25,348	29,100	29,687	44,551	73,290	67,001	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-